Elisa Oyj (OTCMKTS:ELMUF – Get Free Report) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 422,798 shares, a decline of 47.1% from the April 30th total of 798,869 shares. Based on an average daily trading volume, of 18 shares, the days-to-cover ratio is currently 23,488.8 days.
Elisa Oyj Stock Performance
Shares of OTCMKTS ELMUF remained flat at $48.44 during midday trading on Monday. 2,144 shares of the company’s stock were exchanged, compared to its average volume of 400. The company’s 50 day moving average price is $45.50 and its 200-day moving average price is $45.19. Elisa Oyj has a 12-month low of $48.40 and a 12-month high of $48.44.
Elisa Oyj Company Profile
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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