Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF – Get Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 37,149 shares, a drop of 86.3% from the August 15th total of 271,371 shares. Based on an average daily volume of 10,909 shares, the days-to-cover ratio is presently 3.4 days.
Megacable Holdings, S. A. B. de C. V. Stock Performance
Shares of MHSDF remained flat at $3.00 during trading hours on Friday. Megacable Holdings, S. A. B. de C. V. has a fifty-two week low of $3.00 and a fifty-two week high of $3.61. The business’s 50 day moving average is $3.37 and its 200-day moving average is $3.46.
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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