Cellnex Telecom SA – Unsponsored ADR (OTCMKTS:CLLNY) Short Interest Up 5,771.0% in July

Cellnex Telecom SA – Unsponsored ADR (OTCMKTS:CLLNY) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 92,996 shares, an increase of 5,771.0% from the July 15th total of 1,584 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 902,536 shares, the days-to-cover ratio is currently 0.1 days.

Cellnex Telecom Stock Down 0.1%

OTCMKTS CLLNY traded down $0.01 during trading hours on Tuesday, reaching $15.57. The company’s stock had a trading volume of 55,229 shares, compared to its average volume of 259,320. Cellnex Telecom has a 1 year low of $13.67 and a 1 year high of $19.23. The firm’s 50-day moving average price is $15.35 and its 200-day moving average price is $16.20.

About Cellnex Telecom

Cellnex Telecom SA is a leading independent wireless telecommunications infrastructure operator based in Barcelona, Spain. The company designs, builds and manages telecom tower sites and related connectivity solutions, offering site rental services to mobile network operators, broadcasters and enterprises. Its portfolio includes macro sites, distributed antenna systems (DAS), small cells, in-building coverage, fiber networks and edge computing nodes, all aimed at enhancing voice, data and next-generation digital services.

Founded as a spin-off from Abertis Infraestructuras in 2015, Cellnex launched an initial public offering on the Madrid Stock Exchange in May of that year.