Eutelsat Group (OTCMKTS:EUTLF) Sees Large Increase in Short Interest

Eutelsat Group (OTCMKTS:EUTLF) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 43,600 shares, a growth of 10.1% from the November 30th total of 39,600 shares. Based on an average trading volume of 4,100 shares, the short-interest ratio is currently 10.6 days.

Eutelsat Group Stock Performance

EUTLF remained flat at $2.25 during trading on Wednesday. Eutelsat Group has a fifty-two week low of $2.25 and a fifty-two week high of $5.28. The stock’s fifty day simple moving average is $3.46 and its two-hundred day simple moving average is $4.20. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.73 and a quick ratio of 1.68.

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.