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

Proximus PLC (OTCMKTS:BGAOF) was the target of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 1,126,200 shares, a growth of 7.7% from the January 15th total of 1,045,800 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 5,631.0 days.

Proximus Price Performance

Shares of OTCMKTS BGAOF opened at $5.69 on Tuesday. The stock has a fifty day moving average price of $5.41 and a 200 day moving average price of $6.45. Proximus has a 1-year low of $4.95 and a 1-year 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.