Elisa Oyj (OTCMKTS:ELMUF) Sees Large Growth in Short Interest

Elisa Oyj (OTCMKTS:ELMUFGet Free Report) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 1,101,321 shares, a growth of 151.9% from the May 31st total of 437,188 shares. Based on an average daily volume of 132 shares, the short-interest ratio is presently 8,343.3 days.

Elisa Oyj Stock Performance

Shares of Elisa Oyj stock opened at $48.44 on Monday. Elisa Oyj has a one year low of $48.40 and a one year high of $48.44. The business’s 50 day moving average price is $47.45 and its 200 day moving average price is $44.93.

Elisa Oyj Company Profile

(Get Free Report)

Elisa Oyj is a leading Finnish telecommunications and digital services company that provides a broad range of communications solutions to consumer and corporate customers. The company’s core offerings include mobile and fixed‐line telephony, broadband internet connections, and data communications built on extensive fiber and 4G/5G networks. In addition to connectivity, Elisa delivers IT and cloud services, cybersecurity solutions, and digital content such as entertainment streaming and gaming platforms.

Founded in 1882 as the Helsinki Telephone Company, Elisa has evolved over more than a century from a regional telephone operator into a modern technology provider.

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