Eutelsat Communications (OTCMKTS:EUTLF) Sees Significant Decrease in Short Interest

Eutelsat Communications (OTCMKTS:EUTLF) was the recipient of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 98,453 shares, a decrease of 16.3% from the January 15th total of 117,631 shares. Based on an average daily volume of 25,995 shares, the short-interest ratio is currently 3.8 days. Based on an average daily volume of 25,995 shares, the short-interest ratio is currently 3.8 days.

Eutelsat Communications Stock Down 8.4%

Shares of EUTLF stock opened at $2.40 on Monday. The stock’s 50 day simple moving average is $2.41 and its 200 day simple moving average is $3.23. Eutelsat Communications has a twelve month low of $1.45 and a twelve month high of $9.22. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.38 and a quick ratio of 1.28.

About Eutelsat Communications

Eutelsat Communications SA is a leading satellite operator that provides capacity and broadcast services to video broadcasters, telecom operators, data and Internet service providers, governments and institutions worldwide. The company designs, builds and operates a fleet of geostationary satellites that deliver video, data, broadband and connectivity solutions for a wide range of end markets. Its services support direct-to-home television distribution, multimedia content delivery, in-flight connectivity, maritime communications and enterprise networks.

With coverage spanning Europe, the Middle East, Africa, Asia-Pacific and the Americas, Eutelsat’s satellite constellation enables customers to reach audiences and end users across diverse regions.