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

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

Eutelsat Group Price Performance

Shares of OTCMKTS:EUTLF opened at $2.25 on Tuesday. The company has a current ratio of 1.73, a quick ratio of 1.68 and a debt-to-equity ratio of 0.71. Eutelsat Group has a 1 year low of $2.25 and a 1 year high of $5.28. The business has a fifty day simple moving average of $2.55 and a 200 day simple moving average of $3.89.

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.