Short Interest in Eutelsat Group (OTCMKTS:ETCMY) Grows By 22.4%

Eutelsat Group (OTCMKTS:ETCMY) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 13,100 shares, an increase of 22.4% from the January 31st total of 10,700 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 14.6 days.

Eutelsat Group Trading Down 14.9 %

Shares of OTCMKTS:ETCMY traded down $0.33 during trading on Friday, hitting $1.88. 526,290 shares of the company’s stock traded hands, compared to its average volume of 53,428. The company has a 50-day moving average price of $0.55 and a 200-day moving average price of $0.85. 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.