Short Interest in MediaCo Holding Inc. (NASDAQ:MDIA) Increases By 25,885.7%

MediaCo Holding Inc. (NASDAQ:MDIA) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 545,700 shares, a growth of 25,885.7% from the March 31st total of 2,100 shares. Based on an average daily trading volume, of 3,890,000 shares, the days-to-cover ratio is presently 0.1 days.

MediaCo Price Performance

MDIA opened at $1.73 on Friday. The firm has a market cap of $44.99 million, a P/E ratio of -0.96 and a beta of 0.55. MediaCo has a 1-year low of $0.40 and a 1-year high of $6.86. The company has a 50 day simple moving average of $1.28 and a two-hundred day simple moving average of $0.82.

About MediaCo

MediaCo Holding Inc owns and operates radio stations in the United States. The company engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. It also offers digital advertising, and events, which includes sponsorships, ticket sales, licensing, and syndication services.