Cellnex Telecom, S.A. (OTCMKTS:CLLNY) Sees Significant Decrease in Short Interest

Cellnex Telecom, S.A. (OTCMKTS:CLLNY) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 10,100 shares, a decrease of 89.4% from the October 15th total of 95,400 shares. Based on an average daily volume of 84,500 shares, the days-to-cover ratio is presently 0.1 days.

Cellnex Telecom Price Performance

Shares of Cellnex Telecom stock traded down $0.76 during trading on Tuesday, hitting $17.20. 172,401 shares of the stock traded hands, compared to its average volume of 88,954. Cellnex Telecom has a 52 week low of $15.65 and a 52 week high of $20.77. The firm’s fifty day moving average is $19.38 and its 200-day moving average is $18.44.

Cellnex Telecom Company Profile

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.