Helios Towers plc (OTCMKTS:HTWSF) Sees Large Increase in Short Interest

Helios Towers plc (OTCMKTS:HTWSF) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 138,900 shares, a growth of 323.5% from the February 13th total of 32,800 shares. Based on an average trading volume of 17,600 shares, the days-to-cover ratio is presently 7.9 days.

Helios Towers Stock Performance

OTCMKTS:HTWSF traded up $0.04 during mid-day trading on Friday, hitting $1.27. 5,075 shares of the company traded hands, compared to its average volume of 22,899. The stock’s fifty day moving average price is $1.18 and its 200-day moving average price is $1.30. Helios Towers has a one year low of $1.05 and a one year high of $1.69.

Helios Towers Company Profile

Helios Towers plc, an independent tower company, acquires, builds, and operates telecommunications towers and passive infrastructure. It provides colocation lease-up, build-to-suit, sale and leaseback, in-building, small cells/outdoor distributed antenna system, and other managed services. The company also offers passive infrastructure solutions, including site selection, site preparation, maintenance, security, and power management, as well as engages in hosting of active equipment, such as antennae.