Short Interest in Eutelsat Group (OTCMKTS:ETCMY) Increases By 21.4%

Eutelsat Group (OTCMKTS:ETCMY) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 15,900 shares, a growth of 21.4% from the February 13th total of 13,100 shares. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is currently 5.3 days.

Eutelsat Group Trading Up 10.4 %

ETCMY stock opened at $1.80 on Tuesday. Eutelsat Group has a 12-month low of $0.33 and a 12-month high of $2.60. The company has a 50 day moving average of $0.75 and a two-hundred day moving average of $0.89.

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.