Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF – Get Free Report) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 761,733 shares, an increase of 213.9% from the July 15th total of 242,631 shares. Based on an average daily volume of 417 shares, the days-to-cover ratio is presently 1,826.7 days.
Megacable Holdings, S. A. B. de C. V. Stock Performance
MHSDF stock traded down $0.05 during midday trading on Friday, hitting $3.27. The company had a trading volume of 500 shares, compared to its average volume of 16,150. Megacable Holdings, S. A. B. de C. V. has a 52 week low of $3.15 and a 52 week high of $3.61. The stock’s 50 day moving average price is $3.42 and its 200 day moving average price is $3.46.
About Megacable Holdings, S. A. B. de C. V.
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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