Short Interest in Eutelsat Group (OTCMKTS:EUTLF) Increases By 18.2%

Eutelsat Group (OTCMKTS:EUTLF - Get Free Report) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 58,400 shares, an increase of 18.2% from the February 13th total of 49,400 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is currently 73.0 days.

Eutelsat Group Trading Down 0.3 %

Shares of EUTLF traded down $0.02 during mid-day trading on Friday, reaching $4.61. The company had a trading volume of 22,637 shares, compared to its average volume of 46,042. Eutelsat Group has a 52-week low of $1.45 and a 52-week high of $9.22. The stock has a 50 day moving average of $3.25 and a two-hundred day moving average of $3.55. The company has a quick ratio of 1.68, a current ratio of 1.73 and a debt-to-equity ratio of 0.71.

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.