Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Short Interest Down 43.8% in May

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 65,677 shares, a drop of 43.8% from the May 14th total of 116,849 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

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

MHSDF stock remained flat at $3.35 during trading hours on Monday. The company has a 50 day moving average of $3.53 and a 200-day moving average of $3.27. Megacable Holdings, S. A. B. de C. V. has a 1 year low of $2.01 and a 1 year high of $3.54.

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

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.