Proximus PLC (OTCMKTS:BGAOY) Short Interest Update

Proximus PLC (OTCMKTS:BGAOY) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 2,500 shares, a growth of 400.0% from the November 30th total of 500 shares. Based on an average trading volume of 22,900 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

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

Proximus Stock Performance

Shares of OTCMKTS BGAOY remained flat at $0.94 during mid-day trading on Friday. Proximus has a 52-week low of $0.93 and a 52-week high of $1.97. The business’s 50 day moving average is $1.28 and its 200 day moving average is $1.45.

Proximus (OTCMKTS:BGAOY) last released its quarterly earnings data on Friday, October 25th. The company reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $1.92 billion for the quarter.

Proximus Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were issued a dividend of $0.0526 per share. The ex-dividend date of this dividend was Monday, December 9th. Proximus’s payout ratio is 22.75%.

About Proximus

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.