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

Elisa Oyj (OTCMKTS:ELMUF) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 176,300 shares, a decline of 5.4% from the December 15th total of 186,300 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 881.5 days.

Elisa Oyj Price Performance

ELMUF opened at $45.17 on Monday. Elisa Oyj has a 12-month low of $44.29 and a 12-month high of $45.90. The business’s fifty day simple moving average is $45.01 and its 200-day simple moving average is $45.11.

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.