Cellnex Telecom, S.A. (OTCMKTS:CLNXF) Short Interest Update

Cellnex Telecom, S.A. (OTCMKTS:CLNXF) saw a large decrease in short interest in January. As of January 15th, there was short interest totaling 739,100 shares, a decrease of 36.5% from the December 31st total of 1,163,918 shares. Based on an average daily volume of 2,207 shares, the short-interest ratio is currently 334.9 days. Based on an average daily volume of 2,207 shares, the short-interest ratio is currently 334.9 days.

Cellnex Telecom Price Performance

CLNXF stock opened at $30.64 on Friday. The firm has a 50 day simple moving average of $30.93 and a 200-day simple moving average of $33.35. Cellnex Telecom has a twelve month low of $28.67 and a twelve month high of $40.61.

Cellnex Telecom Company Profile

Cellnex Telecom is a leading independent operator of wireless telecommunications infrastructure in Europe. Headquartered in Madrid, the company specializes in the development, management and leasing of passive and active network assets for mobile network operators, broadcasters, public safety agencies and enterprise clients. Its core offerings include traditional tower sites, rooftop installations and in-building distributed antenna systems (DAS), alongside newer solutions such as small cells, fiber connectivity and edge computing nodes.

Founded in 2015 as a spin-off from Abertis Infraestructuras, Cellnex has grown rapidly through a combination of organic roll-outs and strategic acquisitions.