Eutelsat Group (OTCMKTS:ETCMY) Short Interest Up 25.8% in September

Eutelsat Group (OTCMKTS:ETCMYGet Free Report) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totalling 3,900 shares, a growth of 25.8% from the September 15th total of 3,100 shares. Based on an average trading volume of 2,000 shares, the days-to-cover ratio is presently 2.0 days.

Eutelsat Group Stock Performance

ETCMY stock remained flat at $1.09 during trading on Monday. 1,000 shares of the company traded hands, compared to its average volume of 1,500. The stock has a 50-day simple moving average of $1.11 and a 200 day simple moving average of $1.08. Eutelsat Group has a one year low of $0.89 and a one year high of $1.37.

Eutelsat Group Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Eutelsat Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eutelsat Group and related companies with MarketBeat.com's FREE daily email newsletter.