Proximus PLC (OTCMKTS:BGAOY) Sees Large Decrease in Short Interest

Proximus PLC (OTCMKTS:BGAOY) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 5,700 shares, a decrease of 17.4% from the August 31st total of 6,900 shares. Based on an average trading volume of 5,600 shares, the days-to-cover ratio is presently 1.0 days.

Proximus Stock Up 0.6 %

Shares of OTCMKTS:BGAOY traded up $0.01 during trading on Friday, reaching $1.59. The company’s stock had a trading volume of 3,760 shares, compared to its average volume of 8,825. Proximus has a 12 month low of $1.26 and a 12 month high of $2.00. The firm’s 50 day simple moving average is $1.50 and its two-hundred day simple moving average is $1.54.

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.