Fortum Oyj (OTCMKTS:FOJCY – Get Free Report) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 4,716 shares, a decrease of 36.8% from the December 31st total of 7,464 shares. Based on an average daily volume of 2,620 shares, the short-interest ratio is currently 1.8 days. Based on an average daily volume of 2,620 shares, the short-interest ratio is currently 1.8 days.
Fortum Oyj Stock Performance
Shares of OTCMKTS:FOJCY opened at $4.88 on Friday. The stock’s 50-day moving average is $4.32 and its 200 day moving average is $3.99. Fortum Oyj has a 1 year low of $2.56 and a 1 year high of $4.89.
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.
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