Short Interest in Cellnex Telecom, S.A. (OTCMKTS:CLLNY) Expands By 236.9%

Cellnex Telecom, S.A. (OTCMKTS:CLLNY) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 56,600 shares, an increase of 236.9% from the August 31st total of 16,800 shares. Based on an average daily volume of 84,400 shares, the days-to-cover ratio is presently 0.7 days.

Cellnex Telecom Stock Performance

CLLNY traded up $0.05 on Friday, reaching $20.27. 22,977 shares of the company traded hands, compared to its average volume of 94,120. Cellnex Telecom has a 52-week low of $13.69 and a 52-week high of $20.77. The stock’s 50 day moving average price is $19.01 and its 200-day moving average price is $17.98.

About Cellnex Telecom

Cellnex Telecom, SA operates infrastructure for wireless telecommunication in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland. It operates through three segments: Telecom Infrastructure Services, Broadcasting Infrastructure, and Other Network Services.