What Next for EUTELSAT COMMUNICATI (OTCMKTS:EUTLF) Stock After Decrease in Shorted Shares?

February 12, 2018 - By Vivian Park

The stock of EUTELSAT COMMUNICATI (OTCMKTS:EUTLF) registered a decrease of 0.13% in short interest. EUTLF’s total short interest was 2.03M shares in February as published by FINRA. Its down 0.13% from 2.04M shares, reported previously. With 700 shares average volume, it will take short sellers 2905 days to cover their EUTLF’s short positions.

It closed at $22.07 lastly. It is down 0.00% since February 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Eutelsat Communications S.A., a private telecommunications satellite operator, engages in the design, establishment, operation, and maintenance of satellite telecommunications systems in France, Italy, the United Kingdom, other European countries, the Americas, the Middle-East, Africa, Asia, and internationally. The company has market cap of $4.83 billion. The firm offers broadcast and media services, such as broadcasting services, including video neighborhoods, dual reception, regional broadcasting, digital terrestrial television, and direct-to-home services; high definition television and ultra-high definition services; smart services comprising connected television (TV), multiscreen delivery, and electronic program guide; and professional video services consisting of full-time or ad hoc capacity and services for broadcasting to homes equipped for DTH reception or connected to cable and IP networks. It has a 11.71 P/E ratio. It also provides broadband services, such as consumer and SOHO, and enterprise broadband services; corporate and carrier networks; mobility services for maritime and air access; and direct interconnection services for government.

More news for Eutelsat Communications S.A. (OTCMKTS:EUTLF) were recently published by: Prnewswire.com, which released: “UnicomAirNet Enters Global Satellite Communications Market with Further Great …” on January 15, 2018. Businesswire.com‘s article titled: “Eutelsat and China Unicom Join Forces to Provide Satellite Communication …” and published on January 09, 2018 is yet another important article.

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