Eutelsat Group (OTCMKTS:ETCMY) Short Interest Update

Eutelsat Group (OTCMKTS:ETCMY) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 3,400 shares, a decrease of 58.5% from the March 31st total of 8,200 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is presently 1.6 days.

Eutelsat Group Price Performance

Shares of OTCMKTS ETCMY remained flat at $1.02 during midday trading on Friday. The firm’s 50-day moving average is $1.04 and its two-hundred day moving average is $1.08. Eutelsat Group has a one year low of $0.89 and a one year high of $1.79.

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.