MediaCo Holding Inc. (NASDAQ:MDIA) Short Interest Down 76.4% in May

Posted by John Perry on Jun 1st, 2026

MediaCo Holding Inc. (NASDAQ:MDIA – Get Free Report) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totaling 10,823 shares, a drop of 76.4% from the April 30th total of 45,949 shares. Based on an average daily volume of 31,315 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in MediaCo stock. JPMorgan Chase & Co. bought a new position in MediaCo Holding Inc. (NASDAQ:MDIA – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,937,881 shares of the company’s stock, valued at approximately $2,461,000. JPMorgan Chase & Co. owned approximately 2.37% of MediaCo at the end of the most recent quarter. Hedge funds and other institutional investors own 64.01% of the company’s stock.

MediaCo Trading Down 5.5%

NASDAQ MDIA traded down $0.05 during mid-day trading on Friday, reaching $0.85. 11,143 shares of the company’s stock traded hands, compared to its average volume of 56,257. The company has a market cap of $69.31 million, a price-to-earnings ratio of -1.01 and a beta of 0.12. MediaCo has a 1-year low of $0.54 and a 1-year high of $1.60. The company has a fifty day simple moving average of $0.83 and a 200-day simple moving average of $0.75.

MediaCo (NASDAQ:MDIA – Get Free Report) last announced its quarterly earnings data on Friday, May 15th. The company reported ($0.11) earnings per share for the quarter. The business had revenue of $31.39 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded MediaCo from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

View Our Latest Stock Analysis on MediaCo

MediaCo Company Profile

(Get Free Report)

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. MediaCo Holding Inc was incorporated in 2019 and is headquartered in New York, New York.