Cellnex Telecom, S.A. (OTCMKTS:CLNXF) Sees Large Decline in Short Interest

Cellnex Telecom, S.A. (OTCMKTS:CLNXF) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 742,400 shares, a decrease of 30.1% from the September 15th total of 1,061,700 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 1,856.0 days.

Cellnex Telecom Stock Performance

CLNXF stock remained flat at $39.12 during midday trading on Friday. The company had a trading volume of 161 shares, compared to its average volume of 2,917. The stock’s fifty day moving average is $38.79 and its 200-day moving average is $36.11. Cellnex Telecom has a 52-week low of $27.82 and a 52-week high of $40.82.

Cellnex Telecom Company Profile

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.