Eutelsat Communications (OTCMKTS:EUTLF) Short Interest Update

Eutelsat Communications (OTCMKTS:EUTLF) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 56,794 shares, a decrease of 89.3% from the December 15th total of 531,606 shares. Based on an average daily volume of 16,692 shares, the days-to-cover ratio is currently 3.4 days. Based on an average daily volume of 16,692 shares, the days-to-cover ratio is currently 3.4 days.

Eutelsat Communications Trading Up 13.0%

EUTLF opened at $2.60 on Tuesday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.28 and a current ratio of 1.38. The firm’s fifty day moving average is $2.70 and its 200 day moving average is $3.48. Eutelsat Communications has a fifty-two week low of $1.45 and a fifty-two week high of $9.22.

About Eutelsat Communications

Eutelsat Communications SA is a leading satellite operator that provides capacity and broadcast services to video broadcasters, telecom operators, data and Internet service providers, governments and institutions worldwide. The company designs, builds and operates a fleet of geostationary satellites that deliver video, data, broadband and connectivity solutions for a wide range of end markets. Its services support direct-to-home television distribution, multimedia content delivery, in-flight connectivity, maritime communications and enterprise networks.

With coverage spanning Europe, the Middle East, Africa, Asia-Pacific and the Americas, Eutelsat’s satellite constellation enables customers to reach audiences and end users across diverse regions.