Eutelsat Group (OTCMKTS:ETCMY) Short Interest Down 85.5% in May

Eutelsat Group (OTCMKTS:ETCMY) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 100 shares, a decrease of 85.5% from the April 30th total of 688 shares. Based on an average daily trading volume, of 28,246 shares, the days-to-cover ratio is presently 0.0 days.

Eutelsat Group Trading Down 3.5%

OTCMKTS:ETCMY traded down $0.05 during trading hours on Friday, reaching $1.26. 282,003 shares of the company were exchanged, compared to its average volume of 34,317. The business has a 50 day moving average of $0.77 and a 200 day moving average of $0.73. Eutelsat Group has a 1-year low of $0.45 and a 1-year high of $1.47.

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.