Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Up 24.2% in December

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

Wall Street Analyst Weigh In

TLSNY has been the topic of several analyst reports. New Street Research raised shares of Telia Company AB (publ) to a “hold” rating in a research report on Thursday, September 26th. Barclays lowered 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) Stock Performance

Telia Company AB (publ) stock traded up $0.09 during midday trading on Thursday, reaching $5.45. 48,327 shares of the company’s stock were exchanged, compared to its average volume of 52,818. Telia Company AB has a 52 week low of $4.53 and a 52 week high of $6.71. 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 stock’s 50-day simple moving average is $5.57 and its 200 day simple moving average is $5.85. The firm has a market cap of $10.72 billion, a price-to-earnings ratio of 24.78 and a beta of 0.48.

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

Telia Company AB (publ) Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 27th. Investors of record on Friday, February 7th will be paid a $0.0893 dividend. The ex-dividend date of this dividend is Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio (DPR) is presently 86.37%.

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.