Short Interest in Eutelsat Group (OTCMKTS:ETCMY) Declines By 8.8%

Eutelsat Group (OTCMKTS:ETCMY) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 3,100 shares, a decrease of 8.8% from the August 31st total of 3,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 31.0 days.

Eutelsat Group Stock Up 23.5 %

Shares of Eutelsat Group stock opened at $1.26 on Tuesday. The company has a 50-day simple moving average of $1.13 and a two-hundred day simple moving average of $1.08. Eutelsat Group has a 52-week low of $0.89 and a 52-week high of $1.51.

About Eutelsat Group

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.