Cellnex Telecom, S.A. (OTCMKTS:CLNXF) Sees Large Increase in Short Interest

Cellnex Telecom, S.A. (OTCMKTS:CLNXF) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 1,205,300 shares, a growth of 14.4% from the October 31st total of 1,053,400 shares. Based on an average trading volume of 900 shares, the short-interest ratio is currently 1,339.2 days.

Cellnex Telecom Price Performance

CLNXF stock remained flat at $34.89 on Tuesday. The company had a trading volume of 1,592 shares, compared to its average volume of 2,700. The stock’s 50-day simple moving average is $37.38 and its 200 day simple moving average is $36.77. Cellnex Telecom has a 1 year low of $31.21 and a 1 year high of $40.82.

Cellnex Telecom Company Profile

Cellnex Telecom, SA operates infrastructure for wireless telecommunication in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland. It operates through three segments: Telecom Infrastructure Services, Broadcasting Infrastructure, and Other Network Services.