Cyfrowy Polsat S.A. (OTCMKTS:CYFWF) Sees Large Growth in Short Interest

Cyfrowy Polsat S.A. (OTCMKTS:CYFWF) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 267,664 shares, an increase of 76.8% from the August 15th total of 151,402 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Cyfrowy Polsat Price Performance

Shares of CYFWF stock opened at $2.64 on Thursday. Cyfrowy Polsat has a 52 week low of $2.39 and a 52 week high of $2.64. The company has a 50-day simple moving average of $2.64 and a 200 day simple moving average of $2.64.

Cyfrowy Polsat Company Profile

Cyfrowy Polsat is Poland’s largest integrated media and telecommunications provider, offering a diverse portfolio of pay television, internet access and mobile services. Established in 1999, the company built its reputation as the leading digital satellite TV platform in Central and Eastern Europe and has since expanded into multiple connectivity and content delivery channels.

The company’s core pay TV service operates under the Polsat Box brand, delivering hundreds of digital channels and on-demand content via satellite and internet protocol television (IPTV).