Helios Towers plc (OTCMKTS:HTWSF) Short Interest Up 30.7% in January

Helios Towers plc (OTCMKTS:HTWSF) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 10,522 shares, a growth of 30.7% from the December 31st total of 8,048 shares. Based on an average trading volume of 31,824 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 31,824 shares, the short-interest ratio is presently 0.3 days.

Helios Towers Stock Performance

HTWSF stock traded up $0.04 during mid-day trading on Monday, reaching $2.45. 6,780 shares of the company’s stock were exchanged, compared to its average volume of 13,346. Helios Towers has a 12-month low of $1.14 and a 12-month high of $2.45. The stock’s 50 day moving average is $2.21 and its 200 day moving average is $1.98.

Analyst Ratings Changes

Separately, Morgan Stanley reissued an “overweight” rating on shares of Helios Towers in a research note on Friday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Helios Towers currently has a consensus rating of “Buy”.

About Helios Towers

Helios Towers is a leading independent telecommunications tower company that develops, owns and operates mobile infrastructure across key emerging markets. The company’s core business involves building and managing shared passive infrastructure, including tower sites, rooftop installations and related equipment shelters. By leasing space on its towers to multiple mobile network operators, Helios Towers enables its customers to expand network coverage, enhance service quality and optimize capital expenditure.

Founded in 2007 and headquartered in London, Helios Towers has grown through a combination of greenfield developments and acquisitions.