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

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) saw a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 217,200 shares, a decrease of 55.3% from the February 13th total of 486,300 shares. Based on an average daily volume of 10,700 shares, the short-interest ratio is currently 20.3 days.

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

Shares of Megacable Holdings, S. A. B. de C. V. stock opened at $2.13 on Friday. The firm’s 50 day moving average is $1.94 and its two-hundred day moving average is $1.99. Megacable Holdings, S. A. B. de C. V. has a 52 week low of $1.68 and a 52 week high of $3.25.

Megacable Holdings, S. A. B. de C. V. Company Profile

Megacable Holdings SAB de CV engages in the provision of telecommunications services. It operates through the following segments: Cable, Internet, Telephony, Business, and Others. The Cable segment offers subscription for basic, premier, lifeline, mini-basic video, advertising sales, and other services.