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

Cellnex Telecom, S.A. (OTCMKTS:CLNXF) saw a large decline in short interest in August. As of August 31st, there was short interest totalling 1,055,400 shares, a decline of 11.5% from the August 15th total of 1,192,000 shares. Based on an average daily trading volume, of 29,300 shares, the days-to-cover ratio is presently 36.0 days.

Cellnex Telecom Stock Performance

Shares of OTCMKTS CLNXF remained flat at $39.60 during trading hours on Tuesday. The company’s 50 day simple moving average is $37.00 and its 200-day simple moving average is $35.64. Cellnex Telecom has a 52 week low of $27.82 and a 52 week high of $40.82.

About Cellnex Telecom

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.