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

Elisa Oyj (OTCMKTS:ELMUF) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 145,300 shares, a drop of 16.2% from the August 15th total of 173,300 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Elisa Oyj Price Performance

Shares of Elisa Oyj stock opened at $45.17 on Wednesday. Elisa Oyj has a one year low of $44.29 and a one year high of $45.90. The business’s 50 day simple moving average is $45.16 and its two-hundred day simple moving average is $44.90.

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.