Eutelsat Group (OTCMKTS:ETCMY) Short Interest Update

Eutelsat Group (OTCMKTS:ETCMY) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 21,661 shares, a decrease of 82.8% from the July 15th total of 125,628 shares. Based on an average daily volume of 29,672 shares, the days-to-cover ratio is presently 0.7 days.

Eutelsat Group Trading Up 2.6%

Shares of OTCMKTS:ETCMY traded up $0.02 during trading on Thursday, reaching $0.68. The company had a trading volume of 20,960 shares, compared to its average volume of 33,671. The firm’s fifty day moving average is $0.72 and its 200 day moving average is $0.73. Eutelsat Group has a twelve month low of $0.45 and a twelve month high of $1.47.

Eutelsat Group Company Profile

Eutelsat Group (OTCMKTS:ETCMY) is a leading global satellite operator providing video, data and connectivity solutions. The company’s fleet of geostationary satellites delivers broadcast television, video distribution and telecommunications services to broadcasters, content providers, network operators and enterprises. It also offers high-throughput broadband connectivity for fixed, cellular backhaul, maritime and in-flight entertainment applications, as well as dedicated solutions for government and defense customers.

Founded in 1977 and headquartered in Paris, Eutelsat Group operates a network of more than 40 satellites positioned over Europe, the Middle East, Africa, Asia-Pacific and the Americas.