Short Interest in Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Decreases By 43.8%

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 65,677 shares, a decrease of 43.8% from the May 14th total of 116,849 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

Shares of MHSDF stock opened at $3.35 on Friday. Megacable Holdings, S. A. B. de C. V. has a one year low of $2.01 and a one year high of $3.54. The company has a 50 day moving average price of $3.53 and a 200 day moving average price of $3.27.

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.