Short Interest in Proximus PLC (OTCMKTS:BGAOY) Increases By 168.0%

Proximus PLC (OTCMKTS:BGAOY) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 6,700 shares, a growth of 168.0% from the October 15th total of 2,500 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is currently 3.5 days.

Analyst Ratings Changes

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

Proximus Stock Up 6.9 %

Shares of OTCMKTS BGAOY opened at $1.47 on Wednesday. Proximus has a 1 year low of $1.26 and a 1 year high of $2.00. The stock’s 50-day simple moving average is $1.47 and its 200-day simple moving average is $1.52.

Proximus (OTCMKTS:BGAOY) last released its earnings results on Friday, October 25th. The company reported $0.12 EPS for the quarter. The business had revenue of $1.92 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.