Short Interest in Bezeq The Israel Telecommunication Corp. Ltd (OTCMKTS:BZQIY) Drops By 64.0%

Bezeq The Israel Telecommunication Corp. Ltd (OTCMKTS:BZQIY) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 54 shares, a decrease of 64.0% from the June 15th total of 150 shares. Based on an average daily volume of 39 shares, the days-to-cover ratio is currently 1.4 days.

Bezeq The Israel Telecommunication Trading Down 13.5%

Shares of OTCMKTS:BZQIY opened at $10.72 on Wednesday. The business’s fifty day moving average price is $13.20 and its two-hundred day moving average price is $12.94. Bezeq The Israel Telecommunication has a one year low of $8.40 and a one year high of $14.10.

About Bezeq The Israel Telecommunication

Bezeq The Israel Telecommunication Company Ltd. is Israel’s leading integrated communications provider, operating a comprehensive network of fixed‐line telephony, broadband internet and international data services. The company serves residential, business and wholesale customers across Israel, delivering voice, high‐speed internet access and long‐distance communications through its national infrastructure.

Through its subsidiaries, Bezeq offers mobile services via Pelephone Communications Ltd., which provides cellular voice, data and value‐added services, and international connectivity through Bezeq International, which specializes in global internet backbone access, data center hosting and enterprise network solutions.