Proximus PLC (OTCMKTS:BGAOF) Sees Significant Growth in Short Interest

Proximus PLC (OTCMKTS:BGAOF) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 750,000 shares, an increase of 5.9% from the August 15th total of 708,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Proximus Stock Performance

BGAOF stock opened at $7.01 on Wednesday. The stock’s 50 day moving average is $7.41 and its 200-day moving average is $7.97. Proximus has a twelve month low of $6.77 and a twelve month high of $7.37.

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.