Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF – Get Free Report) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 242,631 shares, an increase of 177.6% from the June 30th total of 87,391 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 1,213.2 days.
Megacable Holdings, S. A. B. de C. V. Price Performance
Shares of MHSDF remained flat at $3.58 during midday trading on Monday. The stock had a trading volume of 478 shares, compared to its average volume of 2,239. Megacable Holdings, S. A. B. de C. V. has a 52 week low of $3.15 and a 52 week high of $3.58. The business has a 50-day simple moving average of $3.41 and a 200 day simple moving average of $3.37.
Megacable Holdings, S. A. B. de C. V. Company Profile
Megacable Holdings, SAB. de C.V. is a leading Mexican telecommunications and media company specializing in the provision of cable television, broadband internet and fixed-line telephony services. Headquartered in Guadalajara, Jalisco, the company operates a multi-service network platform across urban and suburban markets.
The firm’s core offerings include digital and high-definition cable television packages, on-demand content solutions such as pay-per-view and streaming services, as well as broadband internet access delivered via a hybrid fiber-coaxial network.
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