Short Interest in Fortum Oyj (OTCMKTS:FOJCY) Declines By 98.6%

Fortum Oyj (OTCMKTS:FOJCY) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 300 shares, a decline of 98.6% from the December 31st total of 21,800 shares. Based on an average daily trading volume, of 9,800 shares, the short-interest ratio is presently 0.0 days.

Fortum Oyj Price Performance

OTCMKTS:FOJCY traded down $0.02 during midday trading on Thursday, hitting $2.81. The company’s stock had a trading volume of 713 shares, compared to its average volume of 7,146. Fortum Oyj has a fifty-two week low of $2.29 and a fifty-two week high of $3.32. The firm’s 50 day moving average is $2.79 and its 200-day moving average is $2.95.

Fortum Oyj Company Profile

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.