Short Interest in Cellnex Telecom, S.A. (OTCMKTS:CLNXF) Expands By 16.1%

Cellnex Telecom, S.A. (OTCMKTS:CLNXF) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,053,400 shares, an increase of 16.1% from the October 15th total of 907,300 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 5,267.0 days.

Cellnex Telecom Price Performance

Shares of CLNXF traded up $0.02 during midday trading on Friday, reaching $33.36. The stock had a trading volume of 136 shares, compared to its average volume of 2,733. The company’s 50-day moving average is $38.55 and its 200 day moving average is $36.78. Cellnex Telecom has a 12-month low of $31.21 and a 12-month high of $40.82.

About Cellnex Telecom

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.