Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Sees Significant Increase in Short Interest

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totaling 770,842 shares, an increase of 177.3% from the March 15th total of 278,027 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

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

Megacable Holdings, S. A. B. de C. V. stock opened at $3.54 on Friday. Megacable Holdings, S. A. B. de C. V. has a 1 year low of $2.01 and a 1 year high of $3.54. The company’s fifty day moving average price is $3.52 and its 200 day moving average price is $3.18.

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.