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

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

Proximus Price Performance

Shares of BGAOF stock remained flat at $7.26 during trading hours on Friday. The stock has a 50-day moving average price of $6.07 and a two-hundred day moving average price of $6.37. Proximus has a fifty-two week low of $4.95 and a fifty-two week 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.