Short Interest in Eutelsat Communications (OTCMKTS:EUTLF) Declines By 26.6%

Eutelsat Communications (OTCMKTS:EUTLF) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 72,224 shares, a decrease of 26.6% from the January 29th total of 98,453 shares. Based on an average daily volume of 17,761 shares, the short-interest ratio is currently 4.1 days. Based on an average daily volume of 17,761 shares, the short-interest ratio is currently 4.1 days.

Eutelsat Communications Stock Down 2.7%

Shares of OTCMKTS EUTLF opened at $2.67 on Monday. Eutelsat Communications has a 12 month low of $1.72 and a 12 month high of $9.22. The company has a current ratio of 1.38, a quick ratio of 1.28 and a debt-to-equity ratio of 0.94. The company has a 50-day simple moving average of $2.47 and a 200-day simple moving average of $3.15.

About Eutelsat Communications

Eutelsat Communications SA is a leading satellite operator that provides capacity and broadcast services to video broadcasters, telecom operators, data and Internet service providers, governments and institutions worldwide. The company designs, builds and operates a fleet of geostationary satellites that deliver video, data, broadband and connectivity solutions for a wide range of end markets. Its services support direct-to-home television distribution, multimedia content delivery, in-flight connectivity, maritime communications and enterprise networks.

With coverage spanning Europe, the Middle East, Africa, Asia-Pacific and the Americas, Eutelsat’s satellite constellation enables customers to reach audiences and end users across diverse regions.