Eutelsat Group (OTCMKTS:ETCMY – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 52,860 shares, a growth of 99.9% from the September 30th total of 26,446 shares. Based on an average trading volume of 70,277 shares, the short-interest ratio is currently 0.8 days.
Eutelsat Group Price Performance
Shares of OTCMKTS:ETCMY opened at $0.53 on Monday. The company has a 50 day moving average of $0.52 and a 200-day moving average of $0.67. Eutelsat Group has a twelve month low of $0.32 and a twelve month high of $1.47.
About Eutelsat Group
Eutelsat Group is a satellite communications company headquartered in Paris, France. The group operates a multi-orbit satellite network combining geostationary satellites with the low Earth orbit constellation operated through its OneWeb business. It provides connectivity and broadcasting services to customers across Europe, the Middle East, Africa, Asia-Pacific and the Americas.
The company’s services include satellite television and radio distribution, broadband internet access, enterprise connectivity, government communications, and connectivity for aviation and maritime users.
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