Fortum Oyj (OTCMKTS:FOJCY) Short Interest Down 65.1% in December
by Teresa Graham · The Cerbat GemFortum Oyj (OTCMKTS:FOJCY – Get Free Report) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 3,905 shares, a drop of 65.1% from the November 30th total of 11,188 shares. Based on an average daily volume of 4,240 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 4,240 shares, the short-interest ratio is currently 0.9 days.
Fortum Oyj Stock Performance
Shares of Fortum Oyj stock traded down $0.01 during midday trading on Friday, hitting $4.41. The company had a trading volume of 426 shares, compared to its average volume of 8,302. Fortum Oyj has a 52-week low of $2.51 and a 52-week high of $4.66. The company has a 50 day moving average of $4.24 and a 200 day moving average of $3.85.
Fortum Oyj Company Profile
Fortum Oyj is a Finnish energy company primarily engaged in the production, distribution and sale of electricity and heat. The company’s generation portfolio spans a mix of nuclear, hydroelectric, combined‐cycle gas and bioenergy power plants. In addition to large‐scale power generation, Fortum operates district heating networks and waste‐to‐energy facilities, providing heat and power solutions to municipalities, industrial customers and residential users across its core markets.
In its customer solutions segment, Fortum offers electricity retail services, electric vehicle charging infrastructure and energy efficiency solutions.