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

Proximus PLC (OTCMKTS:BGAOY) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 2,500 shares, an increase of 56.3% from the September 30th total of 1,600 shares. Based on an average daily trading volume, of 12,200 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Hsbc Global Res upgraded shares of Proximus to a “hold” rating in a research note on Wednesday, October 2nd.

Proximus Trading Up 5.6 %

BGAOY stock opened at $1.41 on Friday. Proximus has a fifty-two week low of $1.26 and a fifty-two week high of $2.00. The business’s fifty day moving average price is $1.48 and its two-hundred day moving average price is $1.52.

Proximus (OTCMKTS:BGAOY) last announced its earnings results on Friday, July 26th. The company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $1.72 billion for the quarter.

Proximus Company Profile

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.