Proximus PLC (OTCMKTS:BGAOY) Short Interest Up 9.0% in November

Proximus PLC (OTCMKTS:BGAOY) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 7,300 shares, an increase of 9.0% from the October 31st total of 6,700 shares. Based on an average trading volume of 3,600 shares, the short-interest ratio is currently 2.0 days.

Proximus Stock Down 2.3 %

OTCMKTS BGAOY traded down $0.03 on Tuesday, hitting $1.25. 500 shares of the company’s stock were exchanged, compared to its average volume of 7,830. Proximus has a 52 week low of $1.25 and a 52 week high of $2.00. The stock has a 50-day moving average of $1.43 and a 200-day moving average of $1.51.

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

Proximus Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 9th will be paid a dividend of $0.0526 per share. The ex-dividend date is Monday, December 9th. Proximus’s payout ratio is 22.75%.

Analyst Ratings Changes

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

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.