Elisa Oyj (OTCMKTS:ELMUF) Sees Large Increase in Short Interest

Elisa Oyj (OTCMKTS:ELMUF) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 198,000 shares, a growth of 20.1% from the January 15th total of 164,900 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 990.0 days.

Elisa Oyj Stock Performance

Elisa Oyj stock remained flat at $45.17 during midday trading on Friday. The company’s 50 day moving average is $45.04 and its two-hundred day moving average is $45.10. Elisa Oyj has a 52-week low of $44.29 and a 52-week high of $45.90.

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.