Short Interest in Elisa Oyj (OTCMKTS:ELMUF) Declines By 5.4%

Elisa Oyj (OTCMKTS:ELMUF) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 176,300 shares, a drop of 5.4% from the December 15th total of 186,300 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 881.5 days.

Elisa Oyj Stock Performance

Shares of ELMUF opened at $45.17 on Friday. The company’s fifty day moving average is $45.01 and its 200 day moving average is $45.11. Elisa Oyj has a fifty-two week low of $44.29 and a fifty-two week high of $45.90.

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.