MultiChoice Group Limited (OTCMKTS:MCHOY) Sees Significant Decrease in Short Interest

MultiChoice Group Limited (OTCMKTS:MCHOY) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 2,400 shares, a decline of 41.5% from the June 30th total of 4,100 shares. Based on an average daily volume of 74,200 shares, the days-to-cover ratio is presently 0.0 days.

MultiChoice Group Stock Up 2.2 %

MultiChoice Group stock traded up $0.13 during midday trading on Friday, hitting $5.93. 649 shares of the stock were exchanged, compared to its average volume of 11,987. MultiChoice Group has a 52-week low of $3.48 and a 52-week high of $6.62. The business’s 50-day moving average price is $5.84 and its 200-day moving average price is $5.68.

About MultiChoice Group

MultiChoice Group Limited, through its subsidiaries, operates video-entertainment subscriber platforms in South Africa, rest of Africa, Europe, and internationally. It operates through South Africa, Rest of Africa, and Technology segments. The company offers digital satellite television and online services, including subscription and transactional video on demand; and digital terrestrial television services to subscribers.