Proximus PLC (OTCMKTS:BGAOY – Get Free Report) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 6,111 shares, a drop of 42.6% from the July 30th total of 10,653 shares. Based on an average trading volume of 1,542 shares, the days-to-cover ratio is currently 4.0 days.
Proximus Trading Up 1.7%
OTCMKTS BGAOY opened at $1.47 on Friday. The firm’s 50 day moving average is $1.38 and its 200-day moving average is $1.54. Proximus has a 12-month low of $1.27 and a 12-month high of $1.98.
Proximus (OTCMKTS:BGAOY – Get Free Report) last released its earnings results on Friday, July 31st. The company reported $0.11 earnings per share for the quarter. The business had revenue of $1.86 billion during the quarter.
Proximus Company Profile
Proximus is the leading telecommunications operator in Belgium, offering a comprehensive range of fixed-line, mobile, broadband and digital television services to residential and business customers. The company’s portfolio extends to information and communication technology (ICT) solutions, encompassing cloud services, cybersecurity, data analytics and managed network services designed to meet the needs of small and medium-sized enterprises as well as large corporations.
In addition to its core Belgian market, Proximus participates in international activities through partnerships and subsidiaries that provide roaming, carrier and wholesale services.
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