Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Short Interest Update

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 242,631 shares, an increase of 177.6% from the June 30th total of 87,391 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 1,213.2 days.

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

OTCMKTS:MHSDF remained flat at $3.58 during mid-day trading on Monday. 478 shares of the company traded hands, compared to its average volume of 2,239. The stock’s 50 day moving average is $3.41 and its 200 day moving average is $3.37. Megacable Holdings, S. A. B. de C. V. has a 12-month low of $3.15 and a 12-month high of $3.58.

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

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.