Eutelsat Group (OTCMKTS:ETCMY) Short Interest Down 8.8% in September

Eutelsat Group (OTCMKTS:ETCMY) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 3,100 shares, a decrease of 8.8% from the August 31st total of 3,400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 31.0 days.

Eutelsat Group Stock Performance

Shares of ETCMY opened at $1.26 on Tuesday. The firm’s fifty day simple moving average is $1.13 and its 200-day simple moving average is $1.08. Eutelsat Group has a twelve month low of $0.89 and a twelve month high of $1.51.

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.