Fortum Oyj (OTCMKTS:FOJCY) Short Interest Update

Fortum Oyj (OTCMKTS:FOJCY) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 21,800 shares, an increase of 990.0% from the December 31st total of 2,000 shares. Based on an average daily trading volume, of 16,900 shares, the days-to-cover ratio is presently 1.3 days.

Fortum Oyj Stock Down 4.5 %

FOJCY stock traded down $0.13 during midday trading on Tuesday, hitting $2.74. The company’s stock had a trading volume of 4,309 shares, compared to its average volume of 7,153. The stock’s 50-day moving average price is $2.80 and its 200 day moving average price is $2.96. Fortum Oyj has a 1 year low of $2.29 and a 1 year high of $3.32.

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.