Short Interest in MediaCo Holding Inc. Drops 16% in February

Shares of the media company trade below $1 as short sellers exit positions.

Mar. 16, 2026 at 5:18pm

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MediaCo Holding Inc. (NASDAQ:MDIA), a media company that owns radio stations WQHT-FM and WBLS-FM in the New York City area, saw a 16% decline in short interest during the month of February. As of February 27th, there were 79,882 shares sold short, down from 95,064 shares on February 12th. The short interest ratio, based on the stock's average daily trading volume, is currently 4.5 days.

Why it matters

The drop in short interest suggests that some investors are becoming less bearish on MediaCo's prospects. However, the stock still has a Sell rating from analysts, and only 0.1% of the company's shares are currently sold short, indicating that it may not be a major focus for short sellers.

The details

MediaCo Holding Inc. is a media company that owns and operates radio stations in the New York City area. The company's shares trade on the Nasdaq exchange under the ticker symbol MDIA. In February, the number of shares sold short declined by 16%, from 95,064 shares on February 12th to 79,882 shares on February 27th. Based on the stock's average daily trading volume of 17,712 shares, the current short interest ratio is 4.5 days.

  • As of February 27th, 2026, there were 79,882 shares of MediaCo Holding Inc. sold short.
  • On February 12th, 2026, there were 95,064 shares of MediaCo Holding Inc. sold short.

The players

MediaCo Holding Inc.

A media company that owns and operates radio stations WQHT-FM and WBLS-FM in the New York City area.

Citadel Advisors LLC

A hedge fund that recently purchased a new position in MediaCo Holding Inc., owning about 0.06% of the company's stock.

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The takeaway

The decline in short interest for MediaCo Holding Inc. suggests that some investors are becoming less bearish on the company's prospects, but the stock still carries a Sell rating from analysts and only a small percentage of shares are currently sold short.