Eutelsat Group (OTCMKTS:ETCMY – Get Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 100 shares, a decrease of 85.5% from the April 30th total of 688 shares. Based on an average daily volume of 28,246 shares, the days-to-cover ratio is currently 0.0 days.
Eutelsat Group Trading Down 5.4%
Shares of Eutelsat Group stock traded down $0.07 during trading on Friday, hitting $1.23. The stock had a trading volume of 278,435 shares, compared to its average volume of 33,699. Eutelsat Group has a 12 month low of $0.45 and a 12 month high of $1.47. The business’s 50-day moving average is $0.76 and its 200 day moving average is $0.73.
About Eutelsat Group
Eutelsat Group (OTCMKTS:ETCMY) is a leading global satellite operator providing video, data and connectivity solutions. The company’s fleet of geostationary satellites delivers broadcast television, video distribution and telecommunications services to broadcasters, content providers, network operators and enterprises. It also offers high-throughput broadband connectivity for fixed, cellular backhaul, maritime and in-flight entertainment applications, as well as dedicated solutions for government and defense customers.
Founded in 1977 and headquartered in Paris, Eutelsat Group operates a network of more than 40 satellites positioned over Europe, the Middle East, Africa, Asia-Pacific and the Americas.
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