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

Proximus PLC (OTCMKTS:BGAOF) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 906,500 shares, an increase of 19.7% from the October 31st total of 757,600 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is presently 697.3 days.

Proximus Stock Performance

Proximus stock opened at $6.67 on Friday. Proximus has a twelve month low of $6.67 and a twelve month high of $7.50. The stock’s 50 day moving average is $7.11 and its 200 day moving average is $7.54.

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.