Elisa Oyj (OTCMKTS:ELMUF) Short Interest Up 70.8% in July

Elisa Oyj (OTCMKTS:ELMUF) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 816,022 shares, an increase of 70.8% from the June 30th total of 477,731 shares. Based on an average daily trading volume, of 8 shares, the days-to-cover ratio is presently 102,002.8 days.

Elisa Oyj Stock Performance

Shares of ELMUF opened at $47.75 on Friday. Elisa Oyj has a 12 month low of $48.40 and a 12 month high of $48.44. The company’s fifty day moving average is $48.34 and its 200-day moving average is $45.72.

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.