Short Interest in Eutelsat Group (OTCMKTS:ETCMY) Increases By 21.4%

Eutelsat Group (OTCMKTS:ETCMY) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 15,900 shares, a growth of 21.4% from the February 13th total of 13,100 shares. Based on an average daily volume of 3,000 shares, the short-interest ratio is presently 5.3 days.

Eutelsat Group Stock Up 10.4 %

Shares of ETCMY stock opened at $1.80 on Tuesday. The stock has a 50-day simple moving average of $0.75 and a 200 day simple moving average of $0.89. Eutelsat Group has a fifty-two week low of $0.33 and a fifty-two week high of $2.60.

Eutelsat Group Company Profile

Eutelsat Group, together with its subsidiaries, engages in the operation of telecommunication satellites. It provides capacity for video services, fixed data, and government services; and capacity in connectivity applications, such as fixed broadband and mobile connectivity. The company offers its services under the Eutelsat brand directly and through distributors.