Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Shares Shorted: Short Interest Down 42.7% in September

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 21,298 shares, a decline of 42.7% from the August 31st total of 37,149 shares. Based on an average daily volume of 34 shares, the days-to-cover ratio is presently 626.4 days.

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

Megacable Holdings, S. A. B. de C. V. stock remained flat at $2.83 on Thursday. The business has a fifty day simple moving average of $3.28 and a two-hundred day simple moving average of $3.40. Megacable Holdings, S. A. B. de C. V. has a fifty-two week low of $2.83 and a fifty-two week high of $3.61.

About Megacable Holdings, S. A. B. de C. V.

Megacable Holdings, S. A. B. de C. V. is a Mexican telecommunications company that provides connectivity and entertainment services to residential, business and institutional customers. Its principal offerings include broadband internet, subscription television and fixed-line telephony, delivered primarily through its telecommunications network.

The company also provides business-focused services through its MetroCarrier operations, including data connectivity, telecommunications infrastructure and related information technology solutions.