Eutelsat Group (OTCMKTS:ETCMY – Get Free Report) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 8,293 shares, a growth of 373.6% from the August 15th total of 1,751 shares. Based on an average daily trading volume, of 21,287 shares, the short-interest ratio is currently 0.4 days.
Eutelsat Group Price Performance
Eutelsat Group stock opened at $0.54 on Friday. The company’s fifty day moving average price is $0.62 and its 200 day moving average price is $0.71. Eutelsat Group has a 1 year low of $0.45 and a 1 year high of $1.47.
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.
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