Elisa Oyj (OTCMKTS:ELMUY) Sees Large Growth in Short Interest

Elisa Oyj (OTCMKTS:ELMUY) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 600 shares, an increase of 500.0% from the February 29th total of 100 shares. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is currently 0.3 days.

Elisa Oyj Price Performance

Shares of ELMUY stock opened at $23.47 on Thursday. The business’s fifty day moving average is $23.39 and its 200 day moving average is $23.26. Elisa Oyj has a twelve month low of $22.00 and a twelve month high of $32.35.

Elisa Oyj Company Profile

Elisa Oyj provides telecommunications services in Finland, rest of Europe, and internationally. It operates in two segments, Consumer Customers and Corporate Customers. The company offers telecommunications and communications services, such as fixed and mobile subscription, digital, cable-tv subscription, entertainment, and e-reading services, as well as video conferencing services.