Proximus PLC (OTCMKTS:BGAOF) Sees Significant Decline in Short Interest

Proximus PLC (OTCMKTS:BGAOF) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 875,700 shares, a decline of 22.2% from the January 31st total of 1,126,200 shares. Based on an average trading volume of 6,000 shares, the short-interest ratio is currently 146.0 days.

Proximus Stock Performance

OTCMKTS BGAOF opened at $5.92 on Tuesday. The business’s 50 day moving average is $5.36 and its two-hundred day moving average is $6.36. Proximus has a 12-month low of $4.95 and a 12-month high of $7.50.

Proximus Company Profile

Proximus PLC provides digital services and communication solutions in Belgium and internationally. It operates through Domestic, International Carrier Services, and TeleSign segments. The company offers fixed and mobile telephony, internet, and television services to residential customers and small businesses, and ICT services to residential, business, and telecom wholesale markets.