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

Elisa Oyj (OTCMKTS:ELMUF) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 114,200 shares, a drop of 36.0% from the March 31st total of 178,300 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 571.0 days.

Elisa Oyj Stock Performance

OTCMKTS:ELMUF opened at $49.90 on Tuesday. Elisa Oyj has a one year low of $44.29 and a one year high of $49.90. The stock has a 50-day simple moving average of $46.51 and a 200 day simple moving average of $45.57.

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.