Eutelsat Communications (OTCMKTS:EUTLF) Short Interest Update

Eutelsat Communications (OTCMKTS:EUTLF) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 117,631 shares, a growth of 107.1% from the December 31st total of 56,794 shares. Based on an average daily trading volume, of 37,530 shares, the days-to-cover ratio is presently 3.1 days. Based on an average daily trading volume, of 37,530 shares, the days-to-cover ratio is presently 3.1 days.

Eutelsat Communications Stock Down 4.6%

OTCMKTS:EUTLF opened at $2.72 on Friday. The business has a 50 day simple moving average of $2.44 and a 200-day simple moving average of $3.34. Eutelsat Communications has a 1 year low of $1.45 and a 1 year high of $9.22. The company has a quick ratio of 1.28, a current ratio of 1.38 and a debt-to-equity ratio of 0.94.

Eutelsat Communications Company Profile

Eutelsat Communications SA is a leading satellite operator that provides capacity and broadcast services to video broadcasters, telecom operators, data and Internet service providers, governments and institutions worldwide. The company designs, builds and operates a fleet of geostationary satellites that deliver video, data, broadband and connectivity solutions for a wide range of end markets. Its services support direct-to-home television distribution, multimedia content delivery, in-flight connectivity, maritime communications and enterprise networks.

With coverage spanning Europe, the Middle East, Africa, Asia-Pacific and the Americas, Eutelsat’s satellite constellation enables customers to reach audiences and end users across diverse regions.