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

Telia Company AB (publ) (OTCMKTS:TLSNYGet Free Report) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 75,800 shares, an increase of 751.7% from the February 28th total of 8,900 shares. Based on an average daily trading volume, of 68,500 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.0% of the company’s stock are short sold.

Telia Company AB (publ) Stock Up 1.1 %

TLSNY traded up $0.08 during trading on Wednesday, hitting $7.07. The company had a trading volume of 26,431 shares, compared to its average volume of 35,202. The business has a 50-day moving average of $6.34 and a 200-day moving average of $6.04. The company has a market cap of $13.90 billion, a PE ratio of 20.79, a P/E/G ratio of 3.14 and a beta of 0.46. Telia Company AB has a 1-year low of $4.53 and a 1-year high of $7.15. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.81 and a quick ratio of 0.77.

Telia Company AB (publ) (OTCMKTS:TLSNYGet Free Report) last announced its quarterly earnings data on Thursday, January 30th. The technology company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.07). Telia Company AB (publ) had a net margin of 7.95% and a return on equity of 6.59%. As a group, analysts forecast that Telia Company AB will post 0.34 earnings per share for the current year.

Telia Company AB (publ) Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 1st. Investors of record on Friday, April 11th will be paid a dividend of $0.0996 per share. The ex-dividend date of this dividend is Friday, April 11th. This is a boost from Telia Company AB (publ)’s previous dividend of $0.09. Telia Company AB (publ)’s dividend payout ratio (DPR) is 67.65%.

About Telia Company AB (publ)

(Get Free Report)

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.

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