YIT Oyj (OTCMKTS:YITYY) Sees Large Growth in Short Interest

YIT Oyj (OTCMKTS:YITYY) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,100 shares, a growth of 1,000.0% from the February 29th total of 100 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 5.5 days.

YIT Oyj Stock Performance

Shares of OTCMKTS:YITYY traded up C$0.10 during trading on Wednesday, reaching C$1.02. 1,080 shares of the company traded hands, compared to its average volume of 636. The company’s 50 day moving average is C$0.98 and its two-hundred day moving average is C$1.00. YIT Oyj has a 52 week low of C$0.84 and a 52 week high of C$1.15.

About YIT Oyj

YIT Oyj provides construction services in Finland, Central Eastern European, the Czech Republic, Slovakia, Poland, Baltic countries, and internationally. It operates through The Housing, The Business Premises, The Infrastructure, and Other segments. The company develops and constructs apartments, residential areas, living services, and leisure-time residences; and develops and carries business premises and hybrid projects.