Fortum Oyj (OTCMKTS:FOJCY) Sees Large Increase in Short Interest

Fortum Oyj (OTCMKTS:FOJCYGet Free Report) saw a significant growth in short interest in the month of February. As of February 29th, there was short interest totalling 2,400 shares, a growth of 14.3% from the February 14th total of 2,100 shares. Based on an average daily volume of 12,000 shares, the short-interest ratio is currently 0.2 days.

Fortum Oyj Price Performance

OTCMKTS FOJCY remained flat at $2.47 on Friday. 2,117 shares of the company were exchanged, compared to its average volume of 5,881. The business has a fifty day moving average of $2.57 and a 200 day moving average of $2.60. Fortum Oyj has a 52 week low of $2.11 and a 52 week high of $3.20.

About Fortum Oyj

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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.

Further Reading

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