Short Interest in Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Rises By 314.2%

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 899,600 shares, an increase of 314.2% from the February 28th total of 217,200 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is presently 749.7 days.

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

OTCMKTS MHSDF remained flat at $2.13 during trading hours on Friday. The stock’s 50 day moving average is $2.03 and its two-hundred day moving average is $1.98. Megacable Holdings, S. A. B. de C. V. has a one year low of $1.68 and a one year high of $3.25.

About Megacable Holdings, S. A. B. de C. V.

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.