Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Update

Telia Company AB (publ) (OTCMKTS:TLSNY) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 24,000 shares, an increase of 65.5% from the November 15th total of 14,500 shares. Based on an average daily volume of 114,100 shares, the short-interest ratio is presently 0.2 days.

Telia Company AB (publ) Trading Up 0.2 %

OTCMKTS TLSNY opened at $5.51 on Friday. The firm’s fifty day moving average price is $5.82 and its 200 day moving average price is $5.79. Telia Company AB has a 12 month low of $4.53 and a 12 month high of $6.71. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.91 and a quick ratio of 0.86. The company has a market capitalization of $10.83 billion, a price-to-earnings ratio of 25.05 and a beta of 0.47.

Telia Company AB (publ) (OTCMKTS:TLSNY) last issued its quarterly earnings data on Thursday, October 24th. The technology company reported $0.11 earnings per share (EPS) for the quarter. Telia Company AB (publ) had a return on equity of 1.90% and a net margin of 5.37%. The company had revenue of $2.09 billion for the quarter. On average, sell-side analysts expect that Telia Company AB will post 0.31 earnings per share for the current fiscal year.

Telia Company AB (publ) Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, November 20th. Investors of record on Thursday, October 31st were paid a dividend of $0.099 per share. The ex-dividend date was Thursday, October 31st. This is an increase from Telia Company AB (publ)’s previous dividend of $0.10. Telia Company AB (publ)’s dividend payout ratio (DPR) is currently 81.82%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on TLSNY shares. Barclays cut shares of Telia Company AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 6th. BNP Paribas raised Telia Company AB (publ) to a “strong-buy” rating in a research report on Monday, September 16th. Finally, New Street Research raised Telia Company AB (publ) to a “hold” rating in a research report on Thursday, September 26th.

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.