Will SES GLOBAL SA GLOBAL CERT. FIDUCIARY DEP (OTCMKTS:SGBAF) Run Out of Steam Soon? Short Interest Is Down

SES S.A. (OTCMKTS:SGBAF) Logo

The stock of SES GLOBAL SA GLOBAL CERT. FIDUCIARY DEP (OTCMKTS:SGBAF) registered a decrease of 38.72% in short interest. SGBAF’s total short interest was 1.14M shares in December as published by FINRA. Its down 38.72% from 1.86 million shares, reported previously. With 2,200 shares average volume, it will take short sellers 518 days to cover their SGBAF’s short positions.

It closed at $21.43 lastly. It is down 0.00% since December 2, 2017 and is . It has underperformed by 15.62% the S&P500.

SES S.A. provides satellite communications services to broadcasters, content and Internet service providers, mobile and fixed network operators, governments and institutions, and businesses worldwide. The company has market cap of $9.70 billion. It offers video services, such as broadcasting, content distribution, and occasional use and full-time video contribution services. It has a 15.23 P/E ratio. The firm also provides enterprise services, including enterprise broadband, infrastructure as a service, bandwidth, and customized connectivity and tailored services.

More important recent SES S.A. (OTCMKTS:SGBAF) news were published by: Seekingalpha.com which released: “RBC raises satellite targets on boost to mid-band spectrum value – Seeking Alpha” on October 25, 2018, also Seekingalpha.com published article titled: “Satellite alliance boosts plan for monetizing spectrum – Seeking Alpha”, Seekingalpha.com published: “Ses Global SA 2017 Q3 – Results – Earnings Call Slides – Seeking Alpha” on October 28, 2017. More interesting news about SES S.A. (OTCMKTS:SGBAF) was released by: Seekingalpha.com and their article: “European satellite firms form mid-band clearinghouse – Seeking Alpha” with publication date: October 01, 2018.

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