Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Stock Short Interest Rises 515.1%

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 265,852 shares, an increase of 515.1% from the September 30th total of 43,220 shares. Based on an average daily trading volume, of 34,545 shares, the days-to-cover ratio is currently 7.7 days.

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

Shares of MHSDF stock opened at $3.00 on Tuesday. The company has a 50 day moving average of $3.06 and a 200-day moving average of $3.31. Megacable Holdings, S. A. B. de C. V. has a 12-month low of $2.80 and a 12-month high of $3.61.

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

(Get Free Report)

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.

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