Elisa Oyj (OTCMKTS:ELMUY) Sees Significant Increase in Short Interest

Elisa Oyj (OTCMKTS:ELMUYGet Free Report) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 5,249 shares, a growth of 825.7% from the July 15th total of 567 shares. Based on an average trading volume of 3,158 shares, the days-to-cover ratio is currently 1.7 days.

Elisa Oyj Price Performance

OTCMKTS ELMUY remained flat at $20.52 on Tuesday. 975 shares of the company’s stock traded hands, compared to its average volume of 1,385. Elisa Oyj has a 12 month low of $19.41 and a 12 month high of $32.83. The firm has a fifty day simple moving average of $22.62 and a 200-day simple moving average of $25.81.

Elisa Oyj Company Profile

(Get Free Report)

Elisa Oyj is a Finland-based telecommunications and digital services company headquartered in Espoo. As one of the leading service providers in the Nordic region, Elisa offers a broad range of connectivity solutions, combining mobile and fixed-line communications with high-speed broadband networks. The company serves both consumer and business segments, focusing on reliable, secure and user-friendly services.

At its core, Elisa delivers mobile voice and data services, fixed broadband and IPTV, along with managed ICT solutions.

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