Short Interest in Telia Company AB (publ) (OTCMKTS:TLSNY) Rises By 24.2%

Telia Company AB (publ) (OTCMKTS:TLSNY) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 30,800 shares, a growth of 24.2% from the December 31st total of 24,800 shares. Based on an average trading volume of 115,700 shares, the short-interest ratio is presently 0.3 days.

Telia Company AB (publ) Stock Down 1.9 %

Shares of OTCMKTS TLSNY traded down $0.11 during midday trading on Thursday, hitting $5.72. 16,543 shares of the stock traded hands, compared to its average volume of 61,850. Telia Company AB has a one year low of $4.53 and a one year high of $6.71. The business has a 50 day moving average price of $5.58 and a two-hundred day moving average price of $5.87. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.86 and a current ratio of 0.91. The company has a market cap of $11.25 billion, a PE ratio of 26.00 and a beta of 0.48.

Telia Company AB (publ) (OTCMKTS:TLSNY) last announced its quarterly earnings results on Thursday, January 30th. The technology company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.07). Telia Company AB (publ) had a net margin of 5.37% and a return on equity of 1.90%. On average, equities analysts predict that Telia Company AB will post 0.31 EPS for the current year.

Telia Company AB (publ) Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 27th. Investors of record on Friday, February 7th will be issued a $0.0893 dividend. The ex-dividend date of this dividend is Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio is presently 77.27%.

Analyst Upgrades and Downgrades

Separately, 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.

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.