Elisa Oyj (OTCMKTS:ELMUF) Sees Significant Growth in Short Interest

Elisa Oyj (OTCMKTS:ELMUF) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 433,800 shares, an increase of 202.7% from the August 31st total of 143,300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 4,338.0 days. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 4,338.0 days.

Elisa Oyj Stock Performance

ELMUF opened at $51.84 on Friday. The firm’s 50-day moving average price is $53.09 and its 200-day moving average price is $51.27. Elisa Oyj has a 52-week low of $48.92 and a 52-week high of $54.42.

Elisa Oyj Company Profile

Elisa Oyj engages in the provision of telecommunications services in Finland, rest of Europe, and internationally. It operates in two segments: Consumer Customers and Corporate Customers. The company offers data communication services, including fixed and mobile network subscriptions, supplementary digital services, cable-tv subscriptions, and entertainment services, as well as eBook services.