Fortum Oyj (OTCMKTS:FOJCY – Get Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 14,818 shares, a growth of 57.9% from the August 15th total of 9,382 shares. Based on an average trading volume of 5,333 shares, the short-interest ratio is presently 2.8 days. Currently, 0.0% of the shares of the company are short sold.
Fortum Oyj Stock Down 1.6%
OTCMKTS:FOJCY opened at $5.45 on Thursday. Fortum Oyj has a 52 week low of $3.54 and a 52 week high of $5.86. The firm’s 50-day simple moving average is $4.71 and its 200 day simple moving average is $4.78.
About Fortum Oyj
Fortum Oyj is a Finnish energy company headquartered in Espoo, Finland. The company generates and sells electricity and provides heating and cooling solutions, with a focus on reliable, low-carbon energy production. Its generation portfolio includes hydropower, nuclear power, wind power and solar power, supported by electricity sales and related energy services.
Fortum also works with industrial and municipal customers on decarbonization, energy efficiency and the electrification of energy use.
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