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

Elisa Oyj (OTCMKTS:ELMUF) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 144,900 shares, a decline of 46.0% from the February 28th total of 268,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 1,449.0 days.

Elisa Oyj Price Performance

Elisa Oyj stock remained flat at $45.17 during mid-day trading on Friday. The business has a fifty day moving average price of $45.06 and a 200 day moving average price of $45.08. Elisa Oyj has a 52-week low of $44.29 and a 52-week high of $45.90.

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.