Eutelsat Group (OTCMKTS:ETCMY) Short Interest Update

Eutelsat Group (OTCMKTS:ETCMY) was the target of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 5,100 shares, an increase of 96.2% from the November 15th total of 2,600 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is presently 8.5 days.

Eutelsat Group Stock Performance

Shares of OTCMKTS:ETCMY remained flat at $0.91 during trading on Friday. The company had a trading volume of 2,200 shares, compared to its average volume of 2,345. Eutelsat Group has a fifty-two week low of $0.71 and a fifty-two week high of $1.28. The firm’s fifty day simple moving average is $1.00 and its 200-day simple moving average is $1.06.

About Eutelsat Group

Eutelsat Group, together with its subsidiaries, engages in the operation of telecommunication satellites. It provides capacity for video services, fixed data, and government services; and capacity in connectivity applications, such as fixed broadband and mobile connectivity. The company offers its services under the Eutelsat brand directly and through distributors.