MultiChoice Group Limited (OTCMKTS:MCHOY) Short Interest Down 23.5% in April

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

MultiChoice Group Stock Performance

MultiChoice Group stock remained flat at $6.33 on Tuesday. The company’s stock had a trading volume of 40 shares, compared to its average volume of 7,062. The firm has a 50-day moving average of $5.90 and a two-hundred day moving average of $4.79. 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.