Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Short Interest Down 72.7% in May

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) saw a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 19,800 shares, a decrease of 72.7% from the May 15th total of 72,400 shares. Based on an average daily trading volume, of 2,000 shares, the short-interest ratio is presently 9.9 days.

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

Megacable Holdings, S. A. B. de C. V. stock opened at $2.70 on Friday. Megacable Holdings, S. A. B. de C. V. has a twelve month low of $1.68 and a twelve month high of $2.80. The stock’s 50 day moving average is $2.50 and its 200 day moving average is $2.14.

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.