Short Interest in Eutelsat Group (OTCMKTS:ETCMY) Declines By 91.5%

Eutelsat Group (OTCMKTS:ETCMY) was the recipient of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 1,515 shares, a drop of 91.5% from the February 26th total of 17,899 shares. Based on an average daily volume of 56,568 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 56,568 shares, the short-interest ratio is currently 0.0 days.

Eutelsat Group Stock Performance

ETCMY stock traded up $0.00 during mid-day trading on Tuesday, hitting $0.58. The stock had a trading volume of 6,273 shares, compared to its average volume of 24,208. Eutelsat Group has a 1-year low of $0.45 and a 1-year high of $1.46. The company has a fifty day moving average of $0.66 and a 200 day moving average of $0.79.

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.