Fortum Oyj (OTCMKTS:FOJCY) Short Interest Update

Fortum Oyj (OTCMKTS:FOJCY) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 7,464 shares, a growth of 91.1% from the December 15th total of 3,905 shares. Based on an average daily trading volume, of 6,445 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily trading volume, of 6,445 shares, the days-to-cover ratio is presently 1.2 days.

Fortum Oyj Trading Up 0.2%

Shares of OTCMKTS:FOJCY opened at $4.49 on Friday. The firm’s 50 day simple moving average is $4.26 and its 200 day simple moving average is $3.92. Fortum Oyj has a fifty-two week low of $2.56 and a fifty-two week high of $4.66.

Fortum Oyj Company Profile

Fortum Oyj is a Finnish energy company primarily engaged in the production, distribution and sale of electricity and heat. The company’s generation portfolio spans a mix of nuclear, hydroelectric, combined‐cycle gas and bioenergy power plants. In addition to large‐scale power generation, Fortum operates district heating networks and waste‐to‐energy facilities, providing heat and power solutions to municipalities, industrial customers and residential users across its core markets.

In its customer solutions segment, Fortum offers electricity retail services, electric vehicle charging infrastructure and energy efficiency solutions.