Proximus PLC (OTCMKTS:BGAOY) Short Interest Update

Proximus PLC (OTCMKTS:BGAOY) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 2,500 shares, an increase of 400.0% from the November 30th total of 500 shares. Based on an average daily trading volume, of 22,900 shares, the short-interest ratio is presently 0.1 days.

Proximus Price Performance

Shares of BGAOY traded up $0.11 during trading hours on Friday, reaching $1.05. The company’s stock had a trading volume of 4,157 shares, compared to its average volume of 9,210. The company has a 50 day moving average of $1.27 and a two-hundred day moving average of $1.44. Proximus has a 1-year low of $0.93 and a 1-year high of $1.97.

Proximus (OTCMKTS:BGAOY) last announced its quarterly earnings results on Friday, October 25th. The company reported $0.12 EPS for the quarter. The firm had revenue of $1.92 billion during the quarter.

Proximus Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 9th were issued a $0.0526 dividend. The ex-dividend date was Monday, December 9th. Proximus’s dividend payout ratio (DPR) is currently 22.75%.

Analysts Set New Price Targets

Separately, Hsbc Global Res raised Proximus to a “hold” rating in a research note on Wednesday, October 2nd.

About Proximus

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.