Short Interest in Proximus PLC (OTCMKTS:BGAOY) Declines By 21.4%

Proximus PLC (OTCMKTS:BGAOY) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 2,200 shares, a drop of 21.4% from the March 15th total of 2,800 shares. Based on an average daily trading volume, of 2,000 shares, the short-interest ratio is currently 1.1 days.

Proximus Stock Up 0.3 %

Shares of BGAOY opened at $1.49 on Friday. The stock’s fifty day simple moving average is $1.33 and its 200-day simple moving average is $1.26. Proximus has a 12-month low of $0.93 and a 12-month high of $1.77.

Proximus (OTCMKTS:BGAOY) last announced its quarterly earnings data on Friday, February 28th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $1.79 billion for the quarter.

Proximus Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 12th. Shareholders of record on Monday, April 28th will be issued a dividend of $0.0113 per share. This represents a yield of 4.28%. The ex-dividend date of this dividend is Friday, April 25th. Proximus’s dividend payout ratio is presently 22.75%.

About Proximus

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.