Proximus PLC (OTCMKTS:BGAOY – Get Free Report) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,500 shares, a growth of 56.3% from the March 31st total of 1,600 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 2.3 days.
Proximus Stock Performance
Shares of Proximus stock opened at $1.45 on Monday. The business has a 50-day moving average of $1.60 and a 200 day moving average of $1.73. Proximus has a 12 month low of $1.34 and a 12 month high of $2.00.
Proximus Increases Dividend
The company also recently announced a dividend, which will be paid on Monday, May 13th. Investors of record on Thursday, April 25th will be issued a dividend of $0.0919 per share. This is a boost from Proximus’s previous dividend of $0.07. The ex-dividend date of this dividend is Wednesday, April 24th. Proximus’s dividend payout ratio (DPR) is 40.95%.
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.
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