Elisa Oyj (OTCMKTS:ELMUF) Sees Significant Drop in Short Interest

Elisa Oyj (OTCMKTS:ELMUF) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 176,300 shares, a decline of 5.4% from the December 31st total of 186,300 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 881.5 days.

Elisa Oyj Price Performance

Shares of ELMUF stock remained flat at $45.17 during trading on Monday. Elisa Oyj has a one year low of $44.29 and a one year high of $45.90. The business’s 50 day moving average is $44.99 and its 200 day moving average is $45.10.

Elisa Oyj Company Profile

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.