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

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 507,500 shares, a decrease of 86.2% from the January 15th total of 3,674,200 shares. Based on an average daily volume of 204,100 shares, the short-interest ratio is presently 2.5 days.

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

OTCMKTS MHSDF remained flat at $2.03 during trading on Friday. Megacable Holdings, S. A. B. de C. V. has a 12-month low of $1.68 and a 12-month high of $3.25. The stock has a fifty day simple moving average of $1.78 and a two-hundred day simple moving average of $2.01.

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

Megacable Holdings SAB de CV engages in the provision of telecommunications services. It operates through the following segments: Cable, Internet, Telephony, Business, and Others. The Cable segment offers subscription for basic, premier, lifeline, mini-basic video, advertising sales, and other services.