Fortum Oyj (OTCMKTS:FOJCY) Short Interest Update

Fortum Oyj (OTCMKTS:FOJCY) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 11,106 shares, a growth of 30.1% from the February 12th total of 8,536 shares. Based on an average trading volume of 11,621 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 11,621 shares, the days-to-cover ratio is presently 1.0 days.

Fortum Oyj Trading Up 1.3%

Shares of OTCMKTS:FOJCY opened at $4.93 on Tuesday. Fortum Oyj has a 1 year low of $2.56 and a 1 year high of $5.02. The business has a fifty day simple moving average of $4.59 and a 200 day simple moving average of $4.22.

Fortum Oyj Company Profile

Fortum Oyj is a Finnish energy company primarily engaged in the production, distribution and sale of electricity and heat. The company’s generation portfolio spans a mix of nuclear, hydroelectric, combined‐cycle gas and bioenergy power plants. In addition to large‐scale power generation, Fortum operates district heating networks and waste‐to‐energy facilities, providing heat and power solutions to municipalities, industrial customers and residential users across its core markets.

In its customer solutions segment, Fortum offers electricity retail services, electric vehicle charging infrastructure and energy efficiency solutions.