Proximus PLC (OTCMKTS:BGAOY – Get Free Report) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,500 shares, a growth of 56.3% from the March 31st total of 1,600 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is currently 2.3 days.
Proximus Price Performance
OTCMKTS:BGAOY traded up $0.06 on Friday, hitting $1.45. The company’s stock had a trading volume of 9,135 shares, compared to its average volume of 9,278. The stock has a fifty day moving average of $1.60 and a two-hundred day moving average of $1.73. Proximus has a one year low of $1.34 and a one year high of $2.00.
Proximus Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, May 13th. Shareholders of record on Thursday, April 25th will be paid a $0.0919 dividend. This is an increase from Proximus’s previous dividend of $0.07. The ex-dividend date is Wednesday, April 24th. Proximus’s dividend payout ratio is currently 40.95%.
About Proximus
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.
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