Eutelsat Group (OTCMKTS:ETCMY) Short Interest Update

Eutelsat Group (OTCMKTS:ETCMY) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 13,100 shares, an increase of 22.4% from the January 31st total of 10,700 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is presently 14.6 days.

Eutelsat Group Price Performance

Shares of OTCMKTS ETCMY traded up $1.11 during midday trading on Thursday, reaching $2.21. 407,688 shares of the company’s stock traded hands, compared to its average volume of 29,789. Eutelsat Group has a one year low of $0.33 and a one year high of $2.60. The stock’s 50 day simple moving average is $0.55 and its 200-day simple moving average is $0.85.

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.