Elisa Oyj (OTCMKTS:ELMUF) Sees Significant Growth in Short Interest

Elisa Oyj (OTCMKTS:ELMUF) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 186,300 shares, a growth of 39.4% from the November 30th total of 133,600 shares. Based on an average trading volume of 500 shares, the short-interest ratio is presently 372.6 days.

Elisa Oyj Price Performance

Shares of Elisa Oyj stock remained flat at $45.17 during trading on Monday. The firm has a 50 day simple moving average of $45.01 and a 200 day simple moving average of $45.11. Elisa Oyj has a 1-year low of $44.29 and a 1-year high of $45.90.

Elisa Oyj Company Profile

Elisa Oyj engages in the provision of telecommunications services in Finland, rest of Europe, and internationally. It operates in two segments: Consumer Customers and Corporate Customers. The company offers data communication services, including fixed and mobile network subscriptions, supplementary digital services, cable-tv subscriptions, and entertainment services, as well as eBook services.