Helios Towers plc (OTCMKTS:HTWSF) Sees Significant Decrease in Short Interest

Helios Towers plc (OTCMKTS:HTWSF) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 7,645 shares, a decline of 82.6% from the November 30th total of 43,832 shares. Based on an average daily trading volume, of 5,568 shares, the short-interest ratio is currently 1.4 days. Based on an average daily trading volume, of 5,568 shares, the short-interest ratio is currently 1.4 days.

Helios Towers Stock Performance

Helios Towers stock traded up $0.04 during mid-day trading on Thursday, hitting $2.24. 4,214 shares of the company’s stock were exchanged, compared to its average volume of 11,796. The company’s 50 day simple moving average is $2.07 and its 200-day simple moving average is $1.86. Helios Towers has a fifty-two week low of $1.07 and a fifty-two week high of $2.24.

Helios Towers Company Profile

Helios Towers is a leading independent telecommunications tower company that develops, owns and operates mobile infrastructure across key emerging markets. The company’s core business involves building and managing shared passive infrastructure, including tower sites, rooftop installations and related equipment shelters. By leasing space on its towers to multiple mobile network operators, Helios Towers enables its customers to expand network coverage, enhance service quality and optimize capital expenditure.

Founded in 2007 and headquartered in London, Helios Towers has grown through a combination of greenfield developments and acquisitions.