Eutelsat Group (OTCMKTS:EUTLF) Short Interest Update

Eutelsat Group (OTCMKTS:EUTLF) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 204,100 shares, a growth of 199.3% from the March 15th total of 68,200 shares. Based on an average daily trading volume, of 47,500 shares, the days-to-cover ratio is presently 4.3 days. Currently, 0.1% of the shares of the company are short sold.

Eutelsat Group Stock Up 2.5 %

Shares of OTCMKTS:EUTLF traded up $0.11 during mid-day trading on Tuesday, reaching $4.51. 14,570 shares of the company traded hands, compared to its average volume of 32,869. Eutelsat Group has a 52 week low of $1.45 and a 52 week high of $9.22. The company’s 50 day moving average price is $4.04 and its 200-day moving average price is $3.53. The company has a current ratio of 1.73, a quick ratio of 1.68 and a debt-to-equity ratio of 0.71.

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.