MultiChoice Group Limited (OTCMKTS:MCHOY) Short Interest Update

MultiChoice Group Limited (OTCMKTS:MCHOY) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 1,300 shares, a decline of 23.5% from the March 31st total of 1,700 shares. Based on an average trading volume of 3,200 shares, the days-to-cover ratio is currently 0.4 days.

MultiChoice Group Stock Performance

Shares of MultiChoice Group stock traded up $0.16 during trading on Friday, reaching $6.33. The company’s stock had a trading volume of 5,567 shares, compared to its average volume of 7,063. The company has a 50-day moving average price of $5.87 and a two-hundred day moving average price of $4.75. MultiChoice Group has a fifty-two week low of $3.48 and a fifty-two week high of $6.62.

About MultiChoice Group

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