Proximus PLC (OTCMKTS:BGAOF) Sees Large Increase in Short Interest

Proximus PLC (OTCMKTS:BGAOF) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 1,126,200 shares, a growth of 7.7% from the January 15th total of 1,045,800 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 5,631.0 days.

Proximus Price Performance

BGAOF stock opened at $5.69 on Friday. Proximus has a 1 year low of $4.95 and a 1 year high of $7.50. The firm has a 50-day moving average of $5.41 and a 200 day moving average of $6.48.

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.