Short Interest in Fortum Oyj (OTCMKTS:FOJCY) Grows By 990.0%

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

Fortum Oyj Price Performance

OTCMKTS:FOJCY opened at $2.83 on Thursday. Fortum Oyj has a 1 year low of $2.29 and a 1 year high of $3.32. The business has a fifty day moving average of $2.79 and a 200-day moving average 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.