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

Proximus PLC (OTCMKTS:BGAOF) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 493,400 shares, an increase of 18.0% from the May 31st total of 418,200 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Proximus Price Performance

BGAOF opened at $8.34 on Friday. The firm has a 50 day simple moving average of $8.23 and a 200 day simple moving average of $8.29. Proximus has a fifty-two week low of $7.72 and a fifty-two week high of $11.00.

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.