Fortum Oyj (OTCMKTS:FOJCY) Sees Significant Drop in Short Interest

Fortum Oyj (OTCMKTS:FOJCY) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 2,200 shares, a decline of 48.8% from the January 31st total of 4,300 shares. Based on an average daily trading volume, of 16,900 shares, the short-interest ratio is currently 0.1 days.

Fortum Oyj Price Performance

Shares of FOJCY traded down $0.19 during trading hours on Monday, reaching $3.04. The stock had a trading volume of 353 shares, compared to its average volume of 8,017. Fortum Oyj has a 52 week low of $2.31 and a 52 week high of $3.32. The firm has a 50-day moving average of $2.86 and a 200 day moving average of $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.