Cellnex Telecom SA – Unsponsored ADR (OTCMKTS:CLLNY) Short Interest Up 1,069.8% in June
by Doug Wharley · The Cerbat GemCellnex Telecom SA – Unsponsored ADR (OTCMKTS:CLLNY – Get Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 192,382 shares, a growth of 1,069.8% from the June 15th total of 16,446 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 735,885 shares, the days-to-cover ratio is currently 0.3 days.
Cellnex Telecom Price Performance
Shares of CLLNY stock traded up $0.15 during mid-day trading on Friday, hitting $14.22. The stock had a trading volume of 212,380 shares, compared to its average volume of 303,867. Cellnex Telecom has a 12-month low of $14.00 and a 12-month high of $19.75. The firm’s 50-day moving average is $16.15 and its two-hundred day moving average is $16.35.
About Cellnex Telecom
Cellnex Telecom SA is a leading independent wireless telecommunications infrastructure operator based in Barcelona, Spain. The company designs, builds and manages telecom tower sites and related connectivity solutions, offering site rental services to mobile network operators, broadcasters and enterprises. Its portfolio includes macro sites, distributed antenna systems (DAS), small cells, in-building coverage, fiber networks and edge computing nodes, all aimed at enhancing voice, data and next-generation digital services.
Founded as a spin-off from Abertis Infraestructuras in 2015, Cellnex launched an initial public offering on the Madrid Stock Exchange in May of that year.