Could TV AZTECA SA DE CV ORD PART CERT/REPR 1 (OTCMKTS:AZTEF) Change Direction After Less Shorts?

February 22, 2018 - By Nellie Frank

The stock of TV AZTECA SA DE CV ORD PART CERT/REPR 1 (OTCMKTS:AZTEF) registered a decrease of 7.8% in short interest. AZTEF’s total short interest was 2.27 million shares in February as published by FINRA. Its down 7.8% from 2.46 million shares, reported previously. With 1,400 shares average volume, it will take short sellers 1619 days to cover their AZTEF’s short positions. The short interest to TV AZTECA SA DE CV ORD PART CERT/REPR 1’s float is 0.72%.

The stock decreased 5.49% or $0.009 during the last trading session, reaching $0.155. About 45,000 shares traded or 270.00% up from the average. TV Azteca SAB de CV (OTCMKTS:AZTEF) has 0.00% since February 22, 2017 and is . It has underperformed by 16.70% the S&P500.

TV Azteca SAB de CV engages in the production, broadcasting, and marketing of television shows. The company has market cap of $462.83 million. The firm operates through National Television, Azteca America, Program Rights, and Optical Fiber Network divisions. It currently has negative earnings. It produces, markets, and broadcasts TV shows, such as reality shows, news, musical shows, sports shows, variety and talent shows, and talk shows in Spanish.

More notable recent TV Azteca SAB de CV (OTCMKTS:AZTEF) news were published by: Globenewswire.com which released: “TV Azteca Announces 5% Operating Profit Growth to Ps.3073 Million in 2017” on February 21, 2018, also Globenewswire.com with their article: “TV Azteca Announces Advance Payment of US$335 Million of Its US$500 Million …” published on August 18, 2017, Globenewswire.com published: “TV Azteca Successfully Issues US$400 Million in Senior Notes in International …” on August 02, 2017. More interesting news about TV Azteca SAB de CV (OTCMKTS:AZTEF) were released by: Globenewswire.com and their article: “TV Azteca Announces Advance Payment of US$197.5 Million of Debt” published on July 21, 2017 as well as Globenewswire.com‘s news article titled: “TV Azteca Announces 21% EBITDA Growth to Ps.1477 Million for 4Q16” with publication date: February 21, 2017.

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