Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Shares Shorted: Short Interest Up 102.9% in September

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 43,220 shares, a growth of 102.9% from the September 15th total of 21,298 shares. Based on an average daily volume of 28,209 shares, the short-interest ratio is presently 1.5 days.

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

Shares of Megacable Holdings, S. A. B. de C. V. stock opened at $2.95 on Friday. The business has a 50-day moving average price of $3.13 and a 200 day moving average price of $3.35. 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, SAB. de C.V. is a Mexican telecommunications and media company headquartered in Guadalajara, Jalisco. The company operates through the Megacable brand and provides connectivity and entertainment services to residential customers, as well as telecommunications and information technology solutions to businesses and institutions.

Its consumer offerings include broadband internet, subscription television and fixed-line telephony. Megacable has also expanded into mobile communications and related digital services.