Short Interest in Eutelsat Group (OTCMKTS:EUTLF) Expands By 56.6%

Eutelsat Group (OTCMKTS:EUTLF) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totalling 40,100 shares, a growth of 56.6% from the September 15th total of 25,600 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 401.0 days.

Eutelsat Group Price Performance

Shares of Eutelsat Group stock remained flat at $4.00 during trading on Monday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.68 and a current ratio of 1.73. Eutelsat Group has a 1-year low of $3.73 and a 1-year high of $5.45. The firm’s 50-day moving average price is $4.79 and its 200-day moving average price is $4.49.

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.