Elisa Oyj (OTCMKTS:ELMUY) Sees Significant Drop in Short Interest

Elisa Oyj (OTCMKTS:ELMUY) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 462 shares, a drop of 72.3% from the November 30th total of 1,665 shares. Based on an average daily trading volume, of 2,585 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 2,585 shares, the short-interest ratio is currently 0.2 days.

Elisa Oyj Price Performance

ELMUY stock opened at $23.31 on Thursday. The firm’s 50-day simple moving average is $23.54 and its 200 day simple moving average is $26.07. Elisa Oyj has a fifty-two week low of $21.13 and a fifty-two week high of $30.00.

Elisa Oyj Company Profile

Elisa Oyj is a Finland-based telecommunications and digital services company headquartered in Espoo. As one of the leading service providers in the Nordic region, Elisa offers a broad range of connectivity solutions, combining mobile and fixed-line communications with high-speed broadband networks. The company serves both consumer and business segments, focusing on reliable, secure and user-friendly services.

At its core, Elisa delivers mobile voice and data services, fixed broadband and IPTV, along with managed ICT solutions.