Short Interest in Fortum Oyj (OTCMKTS:FOJCY) Rises By 990.0%

Fortum Oyj (OTCMKTS:FOJCY) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 21,800 shares, an increase of 990.0% from the December 15th total of 2,000 shares. Based on an average daily volume of 16,900 shares, the days-to-cover ratio is currently 1.3 days.

Fortum Oyj Stock Down 3.9 %

OTCMKTS:FOJCY traded down $0.11 during trading hours on Monday, hitting $2.73. The stock had a trading volume of 3,057 shares, compared to its average volume of 6,593. The business has a 50 day simple moving average of $2.82 and a two-hundred day simple moving average of $2.97. Fortum Oyj has a 1-year low of $2.29 and a 1-year high of $3.32.

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.