Eutelsat Group (OTCMKTS:ETCMY – Get Free Report) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 21,661 shares, a drop of 82.8% from the July 15th total of 125,628 shares. Based on an average trading volume of 29,672 shares, the short-interest ratio is currently 0.7 days.
Eutelsat Group Stock Performance
Shares of OTCMKTS ETCMY opened at $0.66 on Wednesday. Eutelsat Group has a 52-week low of $0.45 and a 52-week high of $1.47. The firm’s fifty day moving average is $0.72 and its two-hundred day moving average is $0.73.
About Eutelsat Group
Eutelsat Group (OTCMKTS:ETCMY) is a leading global satellite operator providing video, data and connectivity solutions. The company’s fleet of geostationary satellites delivers broadcast television, video distribution and telecommunications services to broadcasters, content providers, network operators and enterprises. It also offers high-throughput broadband connectivity for fixed, cellular backhaul, maritime and in-flight entertainment applications, as well as dedicated solutions for government and defense customers.
Founded in 1977 and headquartered in Paris, Eutelsat Group operates a network of more than 40 satellites positioned over Europe, the Middle East, Africa, Asia-Pacific and the Americas.
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