Short Interest in Fortum Oyj (OTCMKTS:FOJCY) Declines By 98.6%

Fortum Oyj (OTCMKTS:FOJCY) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 300 shares, a drop of 98.6% from the December 31st total of 21,800 shares. Based on an average trading volume of 9,800 shares, the days-to-cover ratio is presently 0.0 days.

Fortum Oyj Trading Down 0.8 %

OTCMKTS FOJCY traded down $0.02 on Thursday, reaching $2.81. 713 shares of the stock traded hands, compared to its average volume of 7,146. Fortum Oyj has a 12 month low of $2.29 and a 12 month high of $3.32. The company has a fifty day moving average price of $2.79 and a 200-day moving average price of $2.95.

Fortum Oyj Company Profile

Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Sweden, Germany, the United Kingdom, the Netherlands, and internationally. The company's Generation segment generates power through nuclear, hydro, wind, and solar power; and provides district heating and cooling, and decarbonization services.