Fortum Oyj (OTCMKTS:FOJCY – Get Free Report) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 14,818 shares, a growth of 57.9% from the August 15th total of 9,382 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 5,333 shares, the short-interest ratio is presently 2.8 days.
Fortum Oyj Trading Down 1.6%
Shares of FOJCY opened at $5.45 on Thursday. Fortum Oyj has a 52 week low of $3.54 and a 52 week high of $5.86. The firm’s 50-day simple moving average is $4.71 and its 200 day simple moving average is $4.78.
Fortum Oyj Company Profile
Fortum Oyj is a Finnish energy company headquartered in Espoo, Finland. The company generates and sells electricity and provides heating and cooling solutions, with a focus on reliable, low-carbon energy production. Its generation portfolio includes hydropower, nuclear power, wind power and solar power, supported by electricity sales and related energy services.
Fortum also works with industrial and municipal customers on decarbonization, energy efficiency and the electrification of energy use.
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