Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Up 63.5% in April

Telia Company AB (publ) (OTCMKTS:TLSNY) saw a significant increase in short interest during the month of 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 trading volume, of 55,100 shares, the days-to-cover ratio is currently 0.2 days.

Telia Company AB (publ) Trading Down 1.7 %

Shares of OTCMKTS:TLSNY traded down $0.08 during trading on Friday, reaching $4.64. The company had a trading volume of 12,893 shares, compared to its average volume of 29,492. The company has a current ratio of 0.99, a quick ratio of 0.95 and a debt-to-equity ratio of 1.73. The stock’s fifty day moving average price is $4.84 and its 200 day moving average price is $4.79. Telia Company AB has a fifty-two week low of $3.78 and a fifty-two week high of $5.53.

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

Telia Company AB (publ) Cuts Dividend

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

About Telia Company AB (publ)

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.