Short Interest in Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Rises By 213.9%

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDFGet Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 761,733 shares, a growth of 213.9% from the July 15th total of 242,631 shares. Based on an average daily trading volume, of 417 shares, the days-to-cover ratio is presently 1,826.7 days.

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

Shares of MHSDF remained flat at $3.61 during trading hours on Thursday. Megacable Holdings, S. A. B. de C. V. has a twelve month low of $3.15 and a twelve month high of $3.61. The stock’s 50 day simple moving average is $3.42 and its 200-day simple moving average is $3.45.

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

(Get Free Report)

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.

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