Helios Towers plc (OTCMKTS:HTWSF) Short Interest Update

Helios Towers plc (OTCMKTS:HTWSF) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 2,604 shares, a drop of 64.8% from the January 29th total of 7,408 shares. Based on an average trading volume of 13,622 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 13,622 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Morgan Stanley reiterated an “overweight” rating on shares of Helios Towers in a research note on Friday, January 30th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Helios Towers Price Performance

OTCMKTS HTWSF opened at $2.70 on Thursday. The stock has a 50-day simple moving average of $2.38 and a 200 day simple moving average of $2.10. Helios Towers has a twelve month low of $1.18 and a twelve month high of $2.75.

About Helios Towers

Helios Towers is a leading independent telecommunications tower company that develops, owns and operates mobile infrastructure across key emerging markets. The company’s core business involves building and managing shared passive infrastructure, including tower sites, rooftop installations and related equipment shelters. By leasing space on its towers to multiple mobile network operators, Helios Towers enables its customers to expand network coverage, enhance service quality and optimize capital expenditure.

Founded in 2007 and headquartered in London, Helios Towers has grown through a combination of greenfield developments and acquisitions.