Eutelsat Group (OTCMKTS:EUTLF) Sees Large Drop in Short Interest

Eutelsat Group (OTCMKTS:EUTLF) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 41,400 shares, a decrease of 5.0% from the December 15th total of 43,600 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 138.0 days.

Eutelsat Group Stock Performance

OTCMKTS:EUTLF opened at $2.25 on Monday. The company has a current ratio of 1.73, a quick ratio of 1.68 and a debt-to-equity ratio of 0.71. The company’s fifty day moving average price is $2.94 and its 200-day moving average price is $4.04. Eutelsat Group has a 1-year low of $2.25 and a 1-year high of $5.28.

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.