Short Interest in Cellnex Telecom, S.A. (OTCMKTS:CLLNY) Declines By 89.4%

Cellnex Telecom, S.A. (OTCMKTS:CLLNY) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 10,100 shares, a drop of 89.4% from the October 15th total of 95,400 shares. Based on an average trading volume of 84,500 shares, the short-interest ratio is currently 0.1 days.

Cellnex Telecom Stock Down 4.2 %

OTCMKTS:CLLNY traded down $0.76 on Tuesday, reaching $17.20. 172,401 shares of the stock traded hands, compared to its average volume of 88,954. The company’s fifty day simple moving average is $19.38 and its 200 day simple moving average is $18.44. Cellnex Telecom has a 12 month low of $15.65 and a 12 month high of $20.77.

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.