Cellnex Telecom SA – Unsponsored ADR (OTCMKTS:CLLNY – Get Free Report) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 14,298 shares, a decline of 51.7% from the May 14th total of 29,603 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,500,931 shares, the short-interest ratio is presently 0.0 days.
Cellnex Telecom Stock Performance
Shares of CLLNY opened at $16.65 on Monday. The firm has a fifty day simple moving average of $16.71 and a two-hundred day simple moving average of $16.27. Cellnex Telecom has a 1-year low of $14.18 and a 1-year high of $20.09.
About Cellnex Telecom
Cellnex Telecom SA is a leading independent wireless telecommunications infrastructure operator based in Barcelona, Spain. The company designs, builds and manages telecom tower sites and related connectivity solutions, offering site rental services to mobile network operators, broadcasters and enterprises. Its portfolio includes macro sites, distributed antenna systems (DAS), small cells, in-building coverage, fiber networks and edge computing nodes, all aimed at enhancing voice, data and next-generation digital services.
Founded as a spin-off from Abertis Infraestructuras in 2015, Cellnex launched an initial public offering on the Madrid Stock Exchange in May of that year.
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