Elisa Oyj (OTCMKTS:ELMUF) Short Interest Up 39.4% in December

Elisa Oyj (OTCMKTS:ELMUF) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 186,300 shares, a growth of 39.4% from the November 30th total of 133,600 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 372.6 days.

Elisa Oyj Price Performance

ELMUF stock remained flat at $45.17 during trading on Monday. The company’s 50 day simple moving average is $45.01 and its 200 day simple moving average is $45.11. Elisa Oyj has a 12 month low of $44.29 and a 12 month high of $45.90.

About Elisa Oyj

Elisa Oyj engages in the provision of telecommunications services in Finland, rest of Europe, and internationally. It operates in two segments: Consumer Customers and Corporate Customers. The company offers data communication services, including fixed and mobile network subscriptions, supplementary digital services, cable-tv subscriptions, and entertainment services, as well as eBook services.