Eutelsat Group (OTCMKTS:EUTLF) Short Interest Up 56.6% in September

Eutelsat Group (OTCMKTS:EUTLF) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 40,100 shares, a growth of 56.6% from the September 15th total of 25,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 401.0 days.

Eutelsat Group Price Performance

EUTLF stock remained flat at $4.00 on Friday. Eutelsat Group has a 52 week low of $3.73 and a 52 week high of $5.45. The company has a current ratio of 1.73, a quick ratio of 1.68 and a debt-to-equity ratio of 0.71. The business’s 50 day moving average price is $4.79 and its 200 day moving average price is $4.49.

About Eutelsat Group

Eutelsat Group, together with its subsidiaries, engages in the operation of telecommunication satellites. It provides capacity for video services, fixed data, and government services; and capacity in connectivity applications, such as fixed broadband and mobile connectivity. The company offers its services under the Eutelsat brand directly and through distributors.