Short Interest in MultiChoice Group Limited (OTCMKTS:MCHOY) Expands By 800.0%

MultiChoice Group Limited (OTCMKTS:MCHOY) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 900 shares, a growth of 800.0% from the March 31st total of 100 shares. Based on an average trading volume of 1,500 shares, the short-interest ratio is presently 0.6 days.

MultiChoice Group Price Performance

MultiChoice Group stock remained flat at $5.47 on Monday. 68 shares of the company’s stock were exchanged, compared to its average volume of 759. The company’s fifty day moving average is $5.71 and its two-hundred day moving average is $5.83. MultiChoice Group has a 52-week low of $5.26 and a 52-week high of $6.55.

About MultiChoice Group

MultiChoice Group Limited, through its subsidiaries, operates video-entertainment subscriber platforms in South Africa, rest of Africa, Europe, and internationally. The company operates through South Africa, Rest of Africa, and Technology segments. It also offers digital satellite television and online services, including subscription and transactional video on demand; and digital terrestrial television services to subscribers.