Proximus PLC (OTCMKTS:BGAOF) Sees Significant Drop in Short Interest

Proximus PLC (OTCMKTS:BGAOFGet Rating) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 930,200 shares, a drop of 27.0% from the March 31st total of 1,275,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 9,302.0 days.

Proximus stock opened at $17.00 on Monday. Proximus has a 12-month low of $17.00 and a 12-month high of $21.48. The company has a 50-day moving average price of $20.41 and a 200 day moving average price of $19.93.

Proximus Company Profile (Get Rating)

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; telecommunication, ICT infrastructure, multi-cloud, digital finance, cybersecurity, business applications, and managed and training services to medium and large companies, and public administrations; and ICT services to residential, business, and telecom wholesale markets.

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