MediaCo Holding Inc. (NASDAQ:MDIA) Short Interest Update

Key Points

• MediaCo Holding Inc. experienced a significant increase in short interest, rising by 344.4% in July, reaching a total of 307,100 shares as of July 15th.
• The company's stock trades at around $1.26, with a 52-week range between $0.79 and $5.73, and it has a market capitalization of $67.64 million.
• In its latest earnings report, MediaCo reported a loss of ($0.12) earnings per share, with revenues of $28.03 million for the quarter.

MediaCo Holding Inc. (NASDAQ:MDIA - Get Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 307,100 shares, agrowthof344.4% from the June 30th total of 69,100 shares. Based on an average daily volume of 264,300 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 264,300 shares, the short-interest ratio is currently 1.2 days.

MediaCo Price Performance

MediaCo stock traded up $0.04 during trading hours on Tuesday, hitting $1.29. The company had a trading volume of 11,317 shares, compared to its average volume of 172,905. MediaCo has a fifty-two week low of $0.79 and a fifty-two week high of $5.73. The firm has a market capitalization of $69.19 million, a P/E ratio of -4.28 and a beta of -0.33. The firm's fifty day moving average is $1.20 and its 200-day moving average is $1.14.

MediaCo (NASDAQ:MDIA - Get Free Report) last released its earnings results on Tuesday, May 20th. The company reported ($0.12) earnings per share (EPS) for the quarter. The business had revenue of $28.03 million for the quarter.

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.