Eutelsat Group (OTCMKTS:EUTLF) Sees Large Decline in Short Interest

Eutelsat Group (OTCMKTS:EUTLFGet Free Report) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 134,400 shares, a decline of 5.1% from the January 31st total of 141,600 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 103.4 days.

Eutelsat Group Stock Performance

Shares of OTCMKTS EUTLF remained flat at $4.00 during midday trading on Monday. The stock had a trading volume of 300 shares, compared to its average volume of 1,031. The company has a current ratio of 1.66, a quick ratio of 1.64 and a debt-to-equity ratio of 0.93. Eutelsat Group has a one year low of $3.73 and a one year high of $7.15. The business has a 50 day moving average of $4.35 and a 200 day moving average of $4.87.

About Eutelsat Group

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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.

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