Short Interest in Cellnex Telecom, S.A. (OTCMKTS:CLNXF) Grows By 14.4%

Cellnex Telecom, S.A. (OTCMKTS:CLNXF) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,205,300 shares, an increase of 14.4% from the October 31st total of 1,053,400 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 1,339.2 days.

Cellnex Telecom Stock Performance

CLNXF remained flat at $34.89 during trading on Tuesday. The company’s stock had a trading volume of 1,592 shares, compared to its average volume of 2,700. The business’s 50-day moving average is $37.38 and its 200 day moving average is $36.77. Cellnex Telecom has a 1-year low of $31.21 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.