Short Interest in MediaCo Holding Inc. (NASDAQ:MDIA) Increases By 25,885.7%

MediaCo Holding Inc. (NASDAQ:MDIA) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 545,700 shares, a growth of 25,885.7% from the March 31st total of 2,100 shares. Based on an average daily trading volume, of 3,890,000 shares, the short-interest ratio is presently 0.1 days.

MediaCo Stock Performance

NASDAQ:MDIA opened at $1.73 on Friday. The stock has a market capitalization of $44.99 million, a P/E ratio of -0.96 and a beta of 0.55. The company’s 50-day simple moving average is $1.28 and its 200-day simple moving average is $0.82. MediaCo has a fifty-two week low of $0.40 and a fifty-two week high of $6.86.

About MediaCo

MediaCo Holding Inc owns and operates radio stations in the United States. The company engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. It also offers digital advertising, and events, which includes sponsorships, ticket sales, licensing, and syndication services.