Proximus PLC (OTCMKTS:BGAOY) Stock Short Interest Declines 84.6%

Proximus PLC (OTCMKTS:BGAOY) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 943 shares, a drop of 84.6% from the August 31st total of 6,126 shares. Based on an average trading volume of 42,333 shares, the short-interest ratio is presently 0.0 days.

Proximus Price Performance

Shares of OTCMKTS:BGAOY opened at $1.45 on Friday. The business’s 50-day moving average is $1.40 and its 200-day moving average is $1.48. Proximus has a 1 year low of $1.06 and a 1 year high of $1.98.

Proximus (OTCMKTS:BGAOY) last released its earnings results on Friday, July 31st. The company reported $0.11 EPS for the quarter. The business had revenue of $1.86 billion for the quarter.

Proximus Company Profile

Proximus is a Belgian telecommunications and digital services company headquartered in Brussels. Formerly known as Belgacom, the company adopted the Proximus name in 2015. It provides communications services to residential, business and public-sector customers in Belgium.

Its offerings include mobile and fixed-line voice services, broadband internet, television, fiber connectivity and related digital communications solutions. Proximus also operates networks and provides information and communications technology services, including cloud, cybersecurity, workplace and data-center solutions for business customers.

Through international activities including BICS and Telesign, Proximus provides global communications, messaging, identity and digital trust services to telecommunications providers, technology companies and enterprises.