Eutelsat Group (OTCMKTS:ETCMY) Short Interest Update

Eutelsat Group (OTCMKTS:ETCMY) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 3,700 shares, a decline of 5.1% from the September 30th total of 3,900 shares. Based on an average trading volume of 500 shares, the short-interest ratio is currently 7.4 days.

Eutelsat Group Price Performance

Shares of Eutelsat Group stock opened at $1.11 on Friday. Eutelsat Group has a fifty-two week low of $0.89 and a fifty-two week high of $1.28. The business’s fifty day moving average is $1.09 and its two-hundred day moving average is $1.08.

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.