Fortum Oyj (OTCMKTS:FOJCY) Sees Large Growth in Short Interest

Fortum Oyj (OTCMKTS:FOJCY) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 4,300 shares, a growth of 1,333.3% from the January 15th total of 300 shares. Based on an average daily trading volume, of 22,700 shares, the short-interest ratio is presently 0.2 days.

Fortum Oyj Stock Performance

Fortum Oyj stock opened at $2.84 on Thursday. The company has a 50-day moving average price of $2.79 and a 200 day moving average price of $2.95. Fortum Oyj has a 12-month low of $2.29 and a 12-month high of $3.32.

Fortum Oyj Company Profile

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.