Short Interest in Cellnex Telecom, S.A. (OTCMKTS:CLLNY) Expands By 300.8%

Cellnex Telecom, S.A. (OTCMKTS:CLLNY) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 95,400 shares, an increase of 300.8% from the September 30th total of 23,800 shares. Based on an average daily trading volume, of 111,000 shares, the short-interest ratio is presently 0.9 days.

Cellnex Telecom Stock Performance

Shares of CLLNY stock traded down $0.14 on Friday, reaching $18.85. The stock had a trading volume of 39,369 shares, compared to its average volume of 89,723. Cellnex Telecom has a 1 year low of $13.69 and a 1 year high of $20.77. The company has a 50 day simple moving average of $19.63 and a 200 day simple moving average of $18.28.

Cellnex Telecom Company Profile

Cellnex Telecom, SA operates infrastructure for wireless telecommunication in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland. It operates through three segments: Telecom Infrastructure Services, Broadcasting Infrastructure, and Other Network Services.