Eutelsat Group (OTCMKTS:ETCMY) Short Interest Update

Eutelsat Group (OTCMKTS:ETCMY) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 3,400 shares, a decrease of 58.5% from the March 31st total of 8,200 shares. Based on an average daily trading volume, of 2,100 shares, the days-to-cover ratio is presently 1.6 days.

Eutelsat Group Price Performance

Shares of OTCMKTS:ETCMY remained flat at $1.02 on Friday. Eutelsat Group has a 1 year low of $0.89 and a 1 year high of $1.79. The company has a 50-day simple moving average of $1.04 and a two-hundred day simple moving average of $1.08.

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.