Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Sees Significant Increase in Short Interest

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 43,220 shares, an increase of 102.9% from the September 15th total of 21,298 shares. Based on an average daily volume of 28,209 shares, the short-interest ratio is presently 1.5 days.

Megacable Holdings, S. A. B. de C. V. Price Performance

MHSDF stock remained flat at $2.95 during midday trading on Wednesday. Megacable Holdings, S. A. B. de C. V. has a 52 week low of $2.83 and a 52 week high of $3.61. The stock’s fifty day moving average is $3.16 and its two-hundred day moving average is $3.36.

About Megacable Holdings, S. A. B. de C. V.

Megacable Holdings, SAB. de C.V. is a Mexican telecommunications and media company headquartered in Guadalajara, Jalisco. The company operates through the Megacable brand and provides connectivity and entertainment services to residential customers, as well as telecommunications and information technology solutions to businesses and institutions.

Its consumer offerings include broadband internet, subscription television and fixed-line telephony. Megacable has also expanded into mobile communications and related digital services.