Proximus PLC (OTCMKTS:BGAOY) Sees Large Drop in Short Interest

Proximus PLC (OTCMKTS:BGAOY) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 6,900 shares, a decrease of 72.8% from the August 15th total of 25,400 shares. Based on an average daily trading volume, of 10,000 shares, the short-interest ratio is presently 0.7 days.

Proximus Stock Down 1.2 %

Proximus stock traded down $0.02 during trading on Friday, reaching $1.51. The stock had a trading volume of 1,101 shares, compared to its average volume of 8,834. The business has a 50 day moving average price of $1.52 and a 200 day moving average price of $1.55. Proximus has a 52-week low of $1.26 and a 52-week high of $2.00.

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.