Short Interest in Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) Declines By 36.4%

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 2,100 shares, a drop of 36.4% from the September 15th total of 3,300 shares. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is currently 1.8 days. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is currently 1.8 days.

Magyar Telekom Tavkozlesi Nyrt Stock Performance

Shares of OTCMKTS MYTAY opened at $26.52 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.23 and a debt-to-equity ratio of 0.15. The stock’s fifty day simple moving average is $27.76 and its two-hundred day simple moving average is $25.85. Magyar Telekom Tavkozlesi Nyrt has a 12-month low of $14.01 and a 12-month high of $29.60.

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) last announced its earnings results on Wednesday, August 6th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter. The business had revenue of $676.82 million for the quarter. Magyar Telekom Tavkozlesi Nyrt had a return on equity of 22.00% and a net margin of 19.42%.

About Magyar Telekom Tavkozlesi Nyrt

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság provides fixed-line and mobile telecommunication services for residential and business customers in Hungary, Bulgaria, Romania, and the Republic of North Macedonia. It operates through MT-Hungary and North Macedonia segments. The company offers TV distribution, information communication, and system integration services; mobile telecommunication services, such as prepaid and postpaid plans, TV, broadband, and phone services; and sells telecommunications network and equipment.