Proximus PLC (OTCMKTS:BGAOF) Short Interest Down 52.2% in March

Proximus PLC (OTCMKTS:BGAOF) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 438,200 shares, a drop of 52.2% from the February 28th total of 916,600 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is currently 547.8 days.

Proximus Price Performance

OTCMKTS:BGAOF remained flat at $7.26 during mid-day trading on Friday. The company’s fifty day moving average price is $6.03 and its two-hundred day moving average price is $6.37. Proximus has a 12-month low of $4.95 and a 12-month high of $7.50.

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.