Telia Company AB (publ) (OTCMKTS:TLSNY) Sees Significant Growth in Short Interest

Telia Company AB (publ) (OTCMKTS:TLSNY) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 8,500 shares, an increase of 63.5% from the March 31st total of 5,200 shares. Based on an average daily volume of 55,100 shares, the short-interest ratio is currently 0.2 days.

Telia Company AB (publ) Trading Down 1.7 %

Shares of OTCMKTS TLSNY traded down $0.08 during midday trading on Monday, reaching $4.64. 12,800 shares of the company’s stock traded hands, compared to its average volume of 35,332. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.99 and a quick ratio of 0.95. The stock’s 50 day simple moving average is $4.84 and its 200-day simple moving average is $4.79. Telia Company AB has a one year low of $3.78 and a one year high of $5.53.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its quarterly earnings data on Friday, January 26th. The technology company reported ($0.16) earnings per share (EPS) for the quarter. Telia Company AB (publ) had a net margin of 0.32% and a negative return on equity of 0.55%. The business had revenue of $2.17 billion for the quarter. On average, research analysts predict that Telia Company AB will post 0.27 EPS for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 2nd. Investors of record on Friday, April 12th will be given a dividend of $0.0963 per share. The ex-dividend date of this dividend is Thursday, April 11th. Telia Company AB (publ)’s payout ratio is 1,050.00%.

Telia Company AB (publ) Company Profile

Telia Company AB (publ) provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia. It offers mobile, broadband, television, and fixed-line services; and networking, cloud and security, mobility, enterprise mobile network, contact center, managed mobility services, collaboration solutions, enterprise telephony, Internet of Things (IoT), carrier ethernet, dedicated internet access, wavelengths, IP Transit, dark fiber, and colocation solutions.