Short Interest in Fortum Oyj (OTCMKTS:FOJCY) Grows By 1,333.3%

Fortum Oyj (OTCMKTS:FOJCY) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 4,300 shares, a growth of 1,333.3% from the January 15th total of 300 shares. Based on an average trading volume of 22,700 shares, the days-to-cover ratio is presently 0.2 days.

Fortum Oyj Trading Down 4.3 %

FOJCY traded down $0.13 during trading hours on Wednesday, hitting $2.86. The stock had a trading volume of 7,960 shares, compared to its average volume of 9,447. Fortum Oyj has a 1 year low of $2.29 and a 1 year high of $3.32. The company’s fifty day simple moving average is $2.79 and its 200 day simple moving average is $2.95.

About Fortum Oyj

Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Sweden, Germany, the United Kingdom, the Netherlands, and internationally. The company's Generation segment generates power through nuclear, hydro, wind, and solar power; and provides district heating and cooling, and decarbonization services.