Short Interest in Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Drops By 35.5%

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totalling 274,800 shares, a drop of 35.5% from the November 30th total of 426,100 shares. Based on an average trading volume of 207,000 shares, the days-to-cover ratio is presently 1.3 days.

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

Shares of MHSDF remained flat at $1.68 during midday trading on Monday. Megacable Holdings, S. A. B. de C. V. has a 1-year low of $1.68 and a 1-year high of $3.25. The business’s 50-day simple moving average is $1.96 and its 200-day simple moving average is $2.22.

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

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.