Short Interest in Telia Company AB (publ) (OTCMKTS:TLSNY) Grows By 296.2%

Telia Company AB (publ) (OTCMKTS:TLSNY) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 21,000 shares, a growth of 296.2% from the June 30th total of 5,300 shares. Based on an average daily volume of 23,800 shares, the short-interest ratio is currently 0.9 days.

Telia Company AB (publ) Stock Up 2.1 %

OTCMKTS TLSNY opened at $5.85 on Friday. The business has a fifty day moving average price of $5.24 and a two-hundred day moving average price of $4.99. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.92 and a quick ratio of 0.87. Telia Company AB has a fifty-two week low of $3.78 and a fifty-two week high of $5.87. The stock has a market capitalization of $11.50 billion, a PE ratio of 286.38 and a beta of 0.46.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its earnings results on Thursday, July 18th. The technology company reported $0.07 earnings per share for the quarter. Telia Company AB (publ) had a return on equity of 0.53% and a net margin of 4.71%. The firm had revenue of $2.09 billion during the quarter. Equities analysts expect that Telia Company AB will post 0.32 earnings per share for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, August 21st. Shareholders of record on Thursday, August 1st will be paid a dividend of $0.0954 per share. The ex-dividend date is Thursday, August 1st. Telia Company AB (publ)’s 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.