Proximus PLC (OTCMKTS:BGAOY) Sees Large Decline in Short Interest

Proximus PLC (OTCMKTS:BGAOY) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 1,100 shares, a decrease of 79.2% from the February 13th total of 5,300 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is presently 0.6 days.

Proximus Trading Up 3.8 %

Proximus stock traded up $0.05 during mid-day trading on Wednesday, hitting $1.37. The company’s stock had a trading volume of 500 shares, compared to its average volume of 3,367. Proximus has a 1 year low of $0.93 and a 1 year high of $1.77. The stock’s fifty day moving average is $1.10 and its two-hundred day moving average is $1.27.

Proximus (OTCMKTS:BGAOY) last announced its earnings results on Friday, February 28th. The company reported $0.05 earnings per share for the quarter. The business had revenue of $1.79 billion for the quarter.

Proximus Company Profile

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.