Short Interest in Eutelsat Group (OTCMKTS:ETCMY) Increases By 21.4%

Eutelsat Group (OTCMKTS:ETCMY) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 15,900 shares, a growth of 21.4% from the February 13th total of 13,100 shares. Based on an average daily volume of 3,000 shares, the short-interest ratio is currently 5.3 days.

Eutelsat Group Price Performance

Shares of ETCMY stock traded down $0.06 on Wednesday, hitting $1.74. The stock had a trading volume of 102,598 shares, compared to its average volume of 95,731. The stock’s 50 day moving average is $0.77 and its 200-day moving average is $0.89. Eutelsat Group has a 52-week low of $0.33 and a 52-week high of $2.60.

Eutelsat Group Company Profile

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.