Fortum Oyj (OTCMKTS:FOJCY – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 28,900 shares, a growth of 4,028.6% from the October 15th total of 700 shares. Based on an average daily volume of 11,800 shares, the days-to-cover ratio is currently 2.4 days.
Fortum Oyj Price Performance
FOJCY opened at $2.59 on Friday. The company’s 50-day moving average is $2.43 and its 200 day moving average is $2.60. Fortum Oyj has a fifty-two week low of $2.11 and a fifty-two week high of $3.47.
Fortum Oyj Increases Dividend
The company also recently declared a dividend, which was paid on Wednesday, October 25th. Investors of record on Monday, October 2nd were given a dividend of $0.0961 per share. This is a positive change from Fortum Oyj’s previous dividend of $0.06. The ex-dividend date of this dividend was Friday, September 29th. Fortum Oyj’s dividend payout ratio (DPR) is presently 23.57%.
Analysts Set New Price Targets
Fortum Oyj Company Profile
Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Germany, the United Kingdom, Russia, the Netherlands, Sweden, and internationally. The company's Generation segment generates power through nuclear, hydro, wind, and thermal resources; and provides power portfolio optimization, trading, and industrial intelligence, as well as nuclear services.
- Five stocks we like better than Fortum Oyj
- 3 Fintech Stocks With Good 2021 Prospects
- MarketBeat Week in Review – 11/6 – 11/10
- What is a Death Cross in Stocks?
- Data giants MongoDB and Snowflake just got upgraded
- With Risk Tolerance, One Size Does Not Fit All
- Plug Power at tipping point; it’s make or break time for hydrogen
Receive News & Ratings for Fortum Oyj Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortum Oyj and related companies with MarketBeat.com's FREE daily email newsletter.