Cellnex Telecom SA – Unsponsored ADR (OTCMKTS:CLLNY – Get Free Report) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 14,298 shares, a drop of 51.7% from the May 14th total of 29,603 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 1,500,931 shares, the short-interest ratio is currently 0.0 days.
Cellnex Telecom Stock Up 1.0%
OTCMKTS:CLLNY opened at $16.65 on Friday. The company has a 50-day moving average price of $16.71 and a 200-day moving average price of $16.26. Cellnex Telecom has a 12 month low of $14.18 and a 12 month high of $20.09.
About Cellnex Telecom
Cellnex Telecom SA is a leading independent wireless telecommunications infrastructure operator based in Barcelona, Spain. The company designs, builds and manages telecom tower sites and related connectivity solutions, offering site rental services to mobile network operators, broadcasters and enterprises. Its portfolio includes macro sites, distributed antenna systems (DAS), small cells, in-building coverage, fiber networks and edge computing nodes, all aimed at enhancing voice, data and next-generation digital services.
Founded as a spin-off from Abertis Infraestructuras in 2015, Cellnex launched an initial public offering on the Madrid Stock Exchange in May of that year.
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