Cellnex Telecom, S.A. (OTCMKTS:CLNXF) Short Interest Update

Cellnex Telecom, S.A. (OTCMKTS:CLNXFGet Rating) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 2,165,200 shares, an increase of 17.6% from the June 30th total of 1,840,400 shares. Based on an average daily volume of 11,000 shares, the short-interest ratio is currently 196.8 days.

Wall Street Analyst Weigh In

Separately, Citigroup raised shares of Cellnex Telecom to a “buy” rating and set a $49.00 price target for the company in a research note on Thursday, June 9th.

Cellnex Telecom Stock Down 2.3 %

Shares of OTCMKTS:CLNXF opened at $43.45 on Thursday. The company has a 50 day moving average of $42.06 and a 200-day moving average of $44.93. Cellnex Telecom has a twelve month low of $37.47 and a twelve month high of $71.96.

About Cellnex Telecom

(Get Rating)

Cellnex Telecom SA engages in the operation of wireless telecommunications and broadcasting infrastructures. Its business activities include rental of sites for telecom operators, broadcast infrastructure activity, and other network services. It operates through the following geographical segments: Spain, Italy, Netherlands, France, Switzerland, and Other Countries.

Featured Articles

Receive News & Ratings for Cellnex Telecom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cellnex Telecom and related companies with MarketBeat.com's FREE daily email newsletter.