Eutelsat Group (OTCMKTS:EUTLF) Short Interest Up 13.7% in March

Eutelsat Group (OTCMKTS:EUTLF) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 94,900 shares, a growth of 13.7% from the March 15th total of 83,500 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 949.0 days.

Eutelsat Group Stock Performance

Shares of Eutelsat Group stock remained flat at $4.11 during trading on Tuesday. The stock had a trading volume of 250 shares, compared to its average volume of 897. Eutelsat Group has a 52 week low of $3.73 and a 52 week high of $7.15. The stock has a fifty day moving average price of $4.10 and a two-hundred day moving average price of $4.46.

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.