Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Up 100.5% in July

Telia Company AB (publ) (OTCMKTS:TLSNY) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 42,100 shares, a growth of 100.5% from the July 15th total of 21,000 shares. Based on an average trading volume of 56,300 shares, the days-to-cover ratio is currently 0.7 days.

Telia Company AB (publ) Stock Up 0.4 %

OTCMKTS TLSNY traded up $0.03 during trading on Wednesday, reaching $5.92. 9,817 shares of the company’s stock traded hands, compared to its average volume of 33,080. Telia Company AB has a 12-month low of $3.78 and a 12-month high of $6.00. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.92 and a quick ratio of 0.87. The firm has a market cap of $11.64 billion, a price-to-earnings ratio of 294.75 and a beta of 0.46. The company’s 50 day simple moving average is $5.46 and its two-hundred day simple moving average is $5.05.

Telia Company AB (publ) (OTCMKTS:TLSNY) last posted its quarterly earnings data on Thursday, July 18th. The technology company reported $0.07 EPS for the quarter. Telia Company AB (publ) had a net margin of 4.71% and a return on equity of 0.53%. The firm had revenue of $2.09 billion during the quarter. As a group, sell-side analysts forecast that Telia Company AB will post 0.32 EPS for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, August 21st. Stockholders of record on Thursday, August 1st will be issued a $0.0954 dividend. The ex-dividend date of this dividend is Thursday, August 1st. Telia Company AB (publ)’s dividend payout ratio is presently 1,100.00%.

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.