Fortum Oyj (OTCMKTS:FOJCY – Get Free Report) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 14,818 shares, an increase of 57.9% from the August 15th total of 9,382 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 5,333 shares, the days-to-cover ratio is currently 2.8 days.
Fortum Oyj Stock Performance
OTCMKTS FOJCY opened at $5.61 on Friday. Fortum Oyj has a fifty-two week low of $3.54 and a fifty-two week high of $5.86. The business has a 50 day moving average price of $4.73 and a two-hundred day moving average price of $4.79.
About Fortum Oyj
Fortum Oyj is a Finnish energy company headquartered in Espoo, Finland. The company generates and sells electricity and provides heating and cooling solutions, with a focus on reliable, low-carbon energy production. Its generation portfolio includes hydropower, nuclear power, wind power and solar power, supported by electricity sales and related energy services.
Fortum also works with industrial and municipal customers on decarbonization, energy efficiency and the electrification of energy use.
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