Fortum Oyj (OTCMKTS:FOJCY) Short Interest Update

Fortum Oyj (OTCMKTS:FOJCY) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 21,800 shares, an increase of 990.0% from the December 15th total of 2,000 shares. Based on an average trading volume of 16,900 shares, the short-interest ratio is currently 1.3 days.

Fortum Oyj Trading Up 3.0 %

FOJCY stock traded up $0.08 during midday trading on Tuesday, reaching $2.81. 1,793 shares of the company’s stock traded hands, compared to its average volume of 5,899. The company has a 50-day simple moving average of $2.81 and a two-hundred day simple moving average of $2.97. Fortum Oyj has a 1-year low of $2.29 and a 1-year high of $3.32.

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.