Fortum Oyj (OTCMKTS:FOJCY) Short Interest Update

Fortum Oyj (OTCMKTS:FOJCY) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 18,700 shares, a growth of 750.0% from the February 13th total of 2,200 shares. Based on an average trading volume of 10,100 shares, the short-interest ratio is currently 1.9 days.

Fortum Oyj Trading Up 2.1 %

OTCMKTS FOJCY traded up $0.07 during trading hours on Wednesday, reaching $3.42. 2,216 shares of the company traded hands, compared to its average volume of 15,212. Fortum Oyj has a 12 month low of $2.31 and a 12 month high of $3.42. The company has a 50 day moving average of $2.93 and a two-hundred day moving average of $2.95.

Fortum Oyj Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, April 25th. Stockholders of record on Thursday, April 3rd will be given a dividend of $0.3032 per share. This is a boost from Fortum Oyj’s previous dividend of $0.13. The ex-dividend date of this dividend is Thursday, April 3rd. Fortum Oyj’s dividend payout ratio (DPR) is presently 23.57%.

Fortum Oyj Company Profile

Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Sweden, Germany, the United Kingdom, the Netherlands, and internationally. The company's Generation segment generates power through nuclear, hydro, wind, and solar power; and provides district heating and cooling, and decarbonization services.