Short Interest in Fortum Oyj (OTCMKTS:FOJCY) Increases By 28.8%

Fortum Oyj (OTCMKTS:FOJCY) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 14,300 shares, an increase of 28.8% from the March 31st total of 11,100 shares. Based on an average daily volume of 27,300 shares, the short-interest ratio is presently 0.5 days.

Fortum Oyj Stock Up 3.5 %

OTCMKTS FOJCY opened at $2.62 on Tuesday. The firm’s fifty day moving average price is $2.50 and its two-hundred day moving average price is $2.61. Fortum Oyj has a fifty-two week low of $2.11 and a fifty-two week high of $3.14.

About Fortum Oyj

Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Sweden, Germany, the United Kingdom, the Netherlands, and internationally. The company's Generation segment generates power through nuclear, hydro, wind, and solar power; and provides district heating and cooling, and decarbonization services.