Eutelsat Group (OTCMKTS:ETCMY) Short Interest Down 83.5% in April

Eutelsat Group (OTCMKTS:ETCMY) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 688 shares, a drop of 83.5% from the April 15th total of 4,181 shares. Based on an average daily trading volume, of 52,521 shares, the days-to-cover ratio is presently 0.0 days.

Eutelsat Group Price Performance

OTCMKTS ETCMY traded down $0.03 during trading on Tuesday, hitting $0.80. The company’s stock had a trading volume of 1,100 shares, compared to its average volume of 22,775. Eutelsat Group has a fifty-two week low of $0.45 and a fifty-two week high of $1.30. The business’s 50 day simple moving average is $0.66 and its 200-day simple moving average is $0.73.

About Eutelsat Group

Eutelsat Group (OTCMKTS:ETCMY) is a leading global satellite operator providing video, data and connectivity solutions. The company’s fleet of geostationary satellites delivers broadcast television, video distribution and telecommunications services to broadcasters, content providers, network operators and enterprises. It also offers high-throughput broadband connectivity for fixed, cellular backhaul, maritime and in-flight entertainment applications, as well as dedicated solutions for government and defense customers.

Founded in 1977 and headquartered in Paris, Eutelsat Group operates a network of more than 40 satellites positioned over Europe, the Middle East, Africa, Asia-Pacific and the Americas.