Eutelsat Group (OTCMKTS:EUTLF) Short Interest Up 56.6% in September

Eutelsat Group (OTCMKTS:EUTLF) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 40,100 shares, an increase of 56.6% from the September 15th total of 25,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 401.0 days.

Eutelsat Group Price Performance

Shares of OTCMKTS:EUTLF remained flat at $4.00 during trading on Friday. The company’s 50-day moving average price is $4.79 and its 200-day moving average price is $4.49. Eutelsat Group has a one year low of $3.73 and a one year high of $5.45. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.68 and a current ratio of 1.73.

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.