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

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) saw a large decline in short interest in June. As of June 30th, there was short interest totalling 314,100 shares, a decline of 60.0% from the June 15th total of 785,300 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 1,570.5 days.

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

Shares of Megacable Holdings, S. A. B. de C. V. stock traded up $0.19 during mid-day trading on Thursday, reaching $2.62. 7,000 shares of the stock traded hands, compared to its average volume of 4,290. The business has a 50-day moving average of $2.98 and a 200 day moving average of $2.68. Megacable Holdings, S. A. B. de C. V. has a fifty-two week low of $1.91 and a fifty-two week high of $3.25.

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.