Short Interest in Cellnex Telecom, S.A. (OTCMKTS:CLNXF) Decreases By 35.0%

Cellnex Telecom, S.A. (OTCMKTS:CLNXF) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 1,485,800 shares, a drop of 35.0% from the May 31st total of 2,285,900 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 3,714.5 days.

Cellnex Telecom Price Performance

Shares of CLNXF stock remained flat at $32.46 during trading hours on Friday. 1 shares of the stock traded hands, compared to its average volume of 1,996. The company’s 50-day moving average price is $35.12 and its two-hundred day moving average price is $36.19. Cellnex Telecom has a 12 month low of $27.82 and a 12 month high of $42.58.

About Cellnex Telecom

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.