Will FORTUM CORPORATION FINLAND ORDINARY SH (OTCMKTS:FOJCF) Run Out of Steam Soon? Short Interest is Up

Fortum Oyj (OTCMKTS:FOJCF) Logo

The stock of FORTUM CORPORATION FINLAND ORDINARY SH (OTCMKTS:FOJCF) registered an increase of 69.49% in short interest. FOJCF’s total short interest was 1.35M shares in December as published by FINRA. Its up 69.49% from 796,400 shares, reported previously. With 1,300 shares average volume, it will take short sellers 1038 days to cover their FOJCF’s short positions.

It closed at $20.5 lastly. It is down 0.00% since December 8, 2017 and is . It has underperformed by 15.62% the S&P500.

Forum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat; and provision of energy-related expert services primarily in the Nordic countries, the Russian Federation, Poland, and the Baltic Rim area. The company has market cap of $19.07 billion. The firm operates in three divisions: Generation, City Solutions, and Russia. It has a 17.46 P/E ratio. It engages in the nuclear, hydro, and thermal power production; portfolio management and trading; industrial intelligence and nuclear services; heat and power production; heat and cooling; recycled materials; district heating; electricity sale; and waste treatment businesses.

More important recent Fortum Oyj (OTCMKTS:FOJCF) news were published by: Seekingalpha.com which released: “Mining The Euro Dividend All-Stars List For Hidden Gems – Seeking Alpha” on March 02, 2015, also Seekingalpha.com published article titled: “Fortum Oyj 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha”, Seekingalpha.com published: “Fortum Oyj ADR 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” on July 19, 2018. More interesting news about Fortum Oyj (OTCMKTS:FOJCF) was released by: Seekingalpha.com and their article: “Fortum Oyj 2018 Q1 – Results – Earnings Call Slides – Seeking Alpha” with publication date: April 26, 2018.

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