Proximus PLC (OTCMKTS:BGAOY) Sees Large Decrease in Short Interest

Proximus PLC (OTCMKTS:BGAOY) was the target of a large drop in short interest in September. As of September 15th, there was short interest totalling 5,700 shares, a drop of 17.4% from the August 31st total of 6,900 shares. Based on an average trading volume of 5,600 shares, the short-interest ratio is currently 1.0 days.

Proximus Stock Up 0.6 %

Proximus stock traded up $0.01 during midday trading on Monday, hitting $1.59. 3,700 shares of the stock were exchanged, compared to its average volume of 8,824. Proximus has a 52-week low of $1.26 and a 52-week high of $2.00. The business’s 50-day moving average price is $1.50 and its 200-day moving average price is $1.54.

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.