Short Interest in Cellnex Telecom, S.A. (OTCMKTS:CLNXF) Decreases By 11.5%

Cellnex Telecom, S.A. (OTCMKTS:CLNXF) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 1,055,400 shares, a drop of 11.5% from the August 15th total of 1,192,000 shares. Based on an average trading volume of 29,300 shares, the short-interest ratio is currently 36.0 days.

Cellnex Telecom Stock Performance

Shares of CLNXF stock remained flat at $39.60 during mid-day trading on Wednesday. The business’s fifty day moving average price is $37.13 and its 200-day moving average price is $35.66. Cellnex Telecom has a 1 year low of $27.82 and a 1 year 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.