Elisa Oyj (OTCMKTS:ELMUY) Sees Significant Growth in Short Interest

Elisa Oyj (OTCMKTS:ELMUY) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 575 shares. Based on an average daily volume of 431 shares, the days-to-cover ratio is currently 1.3 days.

Elisa Oyj Price Performance

Elisa Oyj stock traded up $0.44 during mid-day trading on Wednesday, reaching $19.57. 2,284 shares of the company were exchanged, compared to its average volume of 1,657. The company has a fifty day simple moving average of $21.18 and a 200-day simple moving average of $24.79. Elisa Oyj has a 12 month low of $19.13 and a 12 month high of $32.83.

Elisa Oyj Company Profile

Elisa Oyj is a Finnish telecommunications and digital services company serving consumer, corporate and public-sector customers primarily in Finland and Estonia. Its operations include mobile and fixed-line communications, broadband connections, data services and digital communications solutions.

For consumers, Elisa provides mobile subscriptions, broadband, television and entertainment services, as well as related devices and support. For business and public-sector customers, the company offers communications networks, information technology and managed services, including cloud, cybersecurity, workplace, automation and Internet of Things solutions.

Elisa traces its origins to the Helsinki Telephone Association, established in 1882, and has expanded from traditional fixed-line telephony into a broad provider of telecommunications and digital services.