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

Fortum Oyj (OTCMKTS:FOJCY) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 13,400 shares, a growth of 10.7% from the July 15th total of 12,100 shares. Based on an average trading volume of 2,600 shares, the short-interest ratio is presently 5.2 days.

Fortum Oyj Trading Up 0.8 %

Shares of OTCMKTS FOJCY traded up $0.03 during mid-day trading on Friday, hitting $3.13. 1,509 shares of the company traded hands, compared to its average volume of 6,339. Fortum Oyj has a 1 year low of $2.11 and a 1 year high of $3.15. The business has a 50 day moving average of $3.00 and a two-hundred day moving average of $2.76.

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.