Short Interest in Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Drops By 97.1%

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 22,250 shares, a drop of 97.1% from the March 31st total of 770,842 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

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

Shares of OTCMKTS MHSDF opened at $3.54 on Friday. The stock has a fifty day moving average price of $3.54 and a two-hundred day moving average price of $3.20. Megacable Holdings, S. A. B. de C. V. has a 1 year low of $2.01 and a 1 year high of $3.54.

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

Megacable Holdings, SAB. de C.V. is a leading Mexican telecommunications and media company specializing in the provision of cable television, broadband internet and fixed-line telephony services. Headquartered in Guadalajara, Jalisco, the company operates a multi-service network platform across urban and suburban markets.

The firm’s core offerings include digital and high-definition cable television packages, on-demand content solutions such as pay-per-view and streaming services, as well as broadband internet access delivered via a hybrid fiber-coaxial network.