Eutelsat Group (OTCMKTS:ETCMY) Short Interest Update

Eutelsat Group (OTCMKTS:ETCMY) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 13,300 shares, an increase of 160.8% from the November 30th total of 5,100 shares. Based on an average daily volume of 10,200 shares, the days-to-cover ratio is presently 1.3 days.

Eutelsat Group Stock Performance

ETCMY stock opened at $0.64 on Friday. The business has a fifty day moving average of $0.92 and a 200-day moving average of $1.03. Eutelsat Group has a twelve month low of $0.62 and a twelve month high of $1.28.

Eutelsat Group Company Profile

Eutelsat Group, together with its subsidiaries, engages in the operation of telecommunication satellites. It provides capacity for video services, fixed data, and government services; and capacity in connectivity applications, such as fixed broadband and mobile connectivity. The company offers its services under the Eutelsat brand directly and through distributors.