Eutelsat Group (OTCMKTS:ETCMY) Short Interest Update

Eutelsat Group (OTCMKTS:ETCMY) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 8,400 shares, a drop of 91.6% from the March 31st total of 100,100 shares. Based on an average daily volume of 49,300 shares, the short-interest ratio is presently 0.2 days.

Eutelsat Group Trading Down 6.8 %

ETCMY opened at $1.02 on Monday. Eutelsat Group has a one year low of $0.33 and a one year high of $2.60. The business’s fifty day moving average is $1.15 and its two-hundred day moving average is $0.91.

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.