Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Stock Short Interest Jumps 515.1%

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF – Get Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 265,852 shares, a growth of 515.1% from the September 30th total of 43,220 shares. Based on an average trading volume of 34,545 shares, the days-to-cover ratio is currently 7.7 days.

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

Shares of MHSDF stock remained flat at $3.00 during mid-day trading on Wednesday. Megacable Holdings, S. A. B. de C. V. has a twelve month low of $2.80 and a twelve month high of $3.61. The business’s 50-day moving average price is $3.05 and its 200-day moving average price is $3.31.

Megacable Holdings, S. A. B. de C. V. Company Profile

(Get Free Report)

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.

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