Eutelsat Group (OTCMKTS:EUTLF) Sees Significant Increase in Short Interest

Eutelsat Group (OTCMKTS:EUTLF) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 43,000 shares, a growth of 12.0% from the October 31st total of 38,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Eutelsat Group Price Performance

Shares of EUTLF stock traded down $0.93 on Monday, hitting $3.08. The company’s stock had a trading volume of 200 shares, compared to its average volume of 1,079. Eutelsat Group has a fifty-two week low of $3.08 and a fifty-two week high of $5.28. The stock’s 50 day moving average is $4.20 and its 200-day moving average is $4.46. The company has a current ratio of 1.73, a quick ratio of 1.68 and a debt-to-equity ratio of 0.71.

Eutelsat Group Company Profile

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.