Eutelsat Group (OTCMKTS:EUTLF) Sees Significant Decline in Short Interest

Eutelsat Group (OTCMKTS:EUTLF) was the recipient of a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 39,600 shares, a decrease of 7.9% from the November 15th total of 43,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 396.0 days.

Eutelsat Group Trading Down 4.4 %

Shares of OTCMKTS EUTLF opened at $2.58 on Monday. The company has a 50 day simple moving average of $3.85 and a two-hundred day simple moving average of $4.35. Eutelsat Group has a fifty-two week low of $2.58 and a fifty-two week high of $5.28. The company has a quick ratio of 1.68, a current ratio of 1.73 and a debt-to-equity ratio of 0.71.

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.