Bezeq The Israel Telecommunication Corp. Ltd (OTCMKTS:BZQIY) Sees Significant Decline in Short Interest

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

Bezeq The Israel Telecommunication Price Performance

Shares of OTCMKTS:BZQIY opened at $12.40 on Monday. Bezeq The Israel Telecommunication has a 12-month low of $8.40 and a 12-month high of $14.10. The business has a 50 day moving average of $13.26 and a two-hundred day moving average of $12.93.

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.