Eutelsat Group (OTCMKTS:ETCMY) Short Interest Update

Eutelsat Group (OTCMKTS:ETCMY) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 100 shares, a decline of 93.4% from the March 15th total of 1,515 shares. Based on an average daily volume of 37,120 shares, the days-to-cover ratio is presently 0.0 days.

Eutelsat Group Price Performance

Shares of OTCMKTS:ETCMY remained flat at $0.65 during trading on Friday. 409 shares of the stock traded hands, compared to its average volume of 22,949. The company has a 50 day simple moving average of $0.63 and a 200-day simple moving average of $0.77. Eutelsat Group has a 52-week low of $0.45 and a 52-week high of $1.36.

Eutelsat Group Company Profile

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.