Short Interest in Eutelsat Group (OTCMKTS:ETCMY) Drops By 31.3%

Eutelsat Group (OTCMKTS:ETCMY) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 100,100 shares, a drop of 31.3% from the March 15th total of 145,700 shares. Based on an average trading volume of 216,800 shares, the days-to-cover ratio is currently 0.5 days.

Eutelsat Group Trading Up 3.0 %

Shares of OTCMKTS ETCMY traded up $0.04 during trading on Friday, reaching $1.19. 2,473 shares of the stock were exchanged, compared to its average volume of 79,671. The business’s 50-day moving average price is $1.08 and its 200 day moving average price is $0.91. Eutelsat Group has a twelve month low of $0.33 and a twelve month high of $2.60.

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.