Short Interest in Proximus PLC (OTCMKTS:BGAOY) Rises By 56.3%

Proximus PLC (OTCMKTS:BGAOY) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 2,500 shares, an increase of 56.3% from the September 30th total of 1,600 shares. Based on an average daily volume of 12,200 shares, the short-interest ratio is currently 0.2 days.

Proximus Trading Up 5.0 %

Shares of Proximus stock opened at $1.48 on Tuesday. Proximus has a 1 year low of $1.26 and a 1 year high of $2.00. The firm’s 50-day moving average is $1.48 and its two-hundred day moving average is $1.52.

Proximus (OTCMKTS:BGAOY) last released its quarterly earnings data on Friday, July 26th. The company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $1.72 billion for the quarter.

Wall Street Analysts Forecast Growth

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

Proximus Company Profile

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.