MediaCo Holding Inc. (NASDAQ:MDIA) Sees Significant Growth in Short Interest

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MediaCo Holding Inc. (NASDAQ:MDIA) experienced a significant 41.7% increase in short interest during February, reaching 95,064 shares. The company has a “Sell” consensus rating from analysts, with Weiss Ratings reaffirming a “sell (d)” rating. Despite the negative sentiment, institutional investor JPMorgan Chase & Co. recently established a new position, purchasing 1,937,881 shares of MediaCo stock.

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