Cellnex Telecom, S.A. (OTCMKTS:CLLNY) Sees Large Drop in Short Interest

Cellnex Telecom, S.A. (OTCMKTS:CLLNY) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totalling 17,900 shares, a drop of 86.0% from the June 15th total of 128,000 shares. Based on an average trading volume of 200,400 shares, the short-interest ratio is presently 0.1 days.

Cellnex Telecom Stock Performance

Shares of Cellnex Telecom stock traded up $0.14 during trading on Friday, reaching $18.14. The company’s stock had a trading volume of 35,788 shares, compared to its average volume of 105,834. The company has a 50-day moving average price of $17.71 and a two-hundred day moving average price of $17.89. Cellnex Telecom has a fifty-two week low of $13.69 and a fifty-two week high of $21.21.

Cellnex Telecom Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Friday, June 14th were paid a $0.0073 dividend. The ex-dividend date of this dividend was Friday, June 14th.

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.