Short Interest in Proximus PLC (OTCMKTS:BGAOF) Declines By 52.2%

Proximus PLC (OTCMKTS:BGAOF) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 438,200 shares, a decline of 52.2% from the February 28th total of 916,600 shares. Based on an average trading volume of 800 shares, the short-interest ratio is presently 547.8 days.

Proximus Price Performance

Shares of OTCMKTS BGAOF remained flat at $7.26 during mid-day trading on Friday. Proximus has a fifty-two week low of $4.95 and a fifty-two week high of $7.50. The firm’s 50 day moving average price is $6.03 and its 200 day moving average price is $6.37.

About Proximus

Proximus PLC provides digital services and communication solutions in Belgium and internationally. It operates through Domestic, International Carrier Services, and TeleSign segments. The company offers fixed and mobile telephony, internet, and television services to residential customers and small businesses, and ICT services to residential, business, and telecom wholesale markets.