Cellnex Telecom, S.A. (OTCMKTS:CLLNY) Sees Significant Decrease in Short Interest

Cellnex Telecom, S.A. (OTCMKTS:CLLNY) saw a large decrease in short interest in August. As of August 31st, there was short interest totalling 16,800 shares, a decrease of 74.2% from the August 15th total of 65,000 shares. Based on an average daily trading volume, of 102,900 shares, the days-to-cover ratio is currently 0.2 days.

Cellnex Telecom Stock Performance

Shares of Cellnex Telecom stock traded up $0.03 on Friday, reaching $19.98. 38,832 shares of the company were exchanged, compared to its average volume of 97,965. The stock’s 50 day moving average price is $18.47 and its 200-day moving average price is $17.85. Cellnex Telecom has a 1-year low of $13.69 and a 1-year high of $20.05.

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.