Fortum Oyj (OTCMKTS:FOJCY) Short Interest Update

Fortum Oyj (OTCMKTS:FOJCY) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 11,106 shares, an increase of 30.1% from the February 12th total of 8,536 shares. Based on an average trading volume of 11,621 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 11,621 shares, the short-interest ratio is currently 1.0 days.

Fortum Oyj Price Performance

Fortum Oyj stock opened at $4.86 on Friday. Fortum Oyj has a twelve month low of $2.56 and a twelve month high of $5.02. The firm has a 50 day moving average price of $4.57 and a 200-day moving average price of $4.20.

About Fortum Oyj

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.