Eutelsat Group (OTCMKTS:ETCMY) Short Interest Update
by Mitch Edgeman · The Markets DailyEutelsat Group (OTCMKTS:ETCMY – Get Free Report) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 54,867 shares, an increase of 561.6% from the August 31st total of 8,293 shares. Based on an average trading volume of 58,120 shares, the short-interest ratio is presently 0.9 days.
Eutelsat Group Trading Down 0.6%
Shares of ETCMY stock traded down $0.00 on Friday, hitting $0.54. 4,398 shares of the stock traded hands, compared to its average volume of 31,225. Eutelsat Group has a twelve month low of $0.45 and a twelve month high of $1.47. The firm’s 50-day moving average price is $0.59 and its two-hundred day moving average price is $0.70.
Eutelsat Group Company Profile
Eutelsat Group is a satellite communications company headquartered in Paris, France. The group operates a combined fleet of geostationary satellites and low-Earth-orbit satellites through its OneWeb network, providing communications infrastructure to customers across Europe, Africa, the Middle East, Asia, and the Americas.
The company’s services include television and video distribution, broadband internet access, enterprise connectivity, mobile backhaul, and communications solutions for governments and other institutional customers.