Short Interest in Proximus PLC (OTCMKTS:BGAOY) Increases By 38.9%

Proximus PLC (OTCMKTS:BGAOYGet Free Report) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 10,000 shares, an increase of 38.9% from the January 15th total of 7,200 shares. Based on an average trading volume of 3,400 shares, the days-to-cover ratio is currently 2.9 days.

Proximus Stock Performance

Shares of OTCMKTS BGAOY remained flat at $1.05 during trading hours on Friday. The firm’s 50 day moving average is $1.05 and its 200-day moving average is $1.31. Proximus has a 52 week low of $0.93 and a 52 week high of $1.77.

Proximus Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 9th were paid a dividend of $0.0526 per share. The ex-dividend date was Monday, December 9th. Proximus’s dividend payout ratio (DPR) is presently 22.75%.

About Proximus

(Get Free Report)

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.

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