CLNXF (Cellnex Telecom) Short Ratio

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What is Cellnex Telecom Short Ratio?

Short Ratio is a metric signaling prevailing investors' sentiment with a company. It represents the number of days it takes short sellers on average to repurchase all the shares short.

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Cellnex Telecom Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cellnex Telecom SA (OTCPK:CLNXF) » Definitions » Short Ratio

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Traded in Other Exchanges

CLLNY:USA CLNX:Mexico CLNXe:UK 0R9C:UK CLNX:Spain 472:Germany CLNX:Austria

Address

Paseo Zona Franca, 105, Barcelona, ESP, 08038

Website

https://www.cellnex.com

Cellnex owns and operates more than 100,000 wireless towers in Europe, resulting from continued M&A activity since its initial public offering in 2015. It has acquired towers from several European mobile network operators, including Telefonica, Iliad, CK Hutchison, Bouygues, and Altice. Cellnex is present in more than 10 European countries as of March 2023, including France, Italy, Spain, Poland, the United Kingdom, Switzerland, and Portugal. Cellnex's strategy is to acquire portfolios from MNOs and lease the towers back to them through long-term contracts, which provide high cash flow visibility and inflation protection.