Telenor ASA (OTCMKTS:TELNF) Short Interest Update

Telenor ASA (OTCMKTS:TELNF) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 204,600 shares, a decrease of 39.7% from the December 31st total of 339,400 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 682.0 days.

Telenor ASA Price Performance

TELNF stock remained flat at $11.96 during trading on Friday. Telenor ASA has a 12 month low of $10.18 and a 12 month high of $12.73. The business’s 50 day simple moving average is $11.37 and its 200 day simple moving average is $11.85.

Telenor ASA Company Profile

Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp. The company offers mobile subscriptions and handsets, telephony, broadband, data security, communications services, and TV services to residential and business customers, as well as wholesale services.