Short Interest in Telia Company AB (publ) (OTCMKTS:TLSNY) Drops By 65.8%

Telia Company AB (publ) (OTCMKTS:TLSNY) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 8,900 shares, a drop of 65.8% from the February 13th total of 26,000 shares. Based on an average daily volume of 26,400 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Telia Company AB (publ) Stock Up 0.4 %

Shares of TLSNY traded up $0.03 during mid-day trading on Friday, hitting $6.97. The company’s stock had a trading volume of 7,514 shares, compared to its average volume of 37,742. The firm has a market capitalization of $13.70 billion, a price-to-earnings ratio of 20.50, a PEG ratio of 3.14 and a beta of 0.46. The company’s 50-day moving average is $6.09 and its 200-day moving average is $6.00. The company has a current ratio of 0.81, a quick ratio of 0.77 and a debt-to-equity ratio of 1.48. Telia Company AB has a 52-week low of $4.53 and a 52-week high of $7.15.

Telia Company AB (publ) (OTCMKTS:TLSNY) last posted its earnings results on Thursday, January 30th. The technology company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.07). Telia Company AB (publ) had a return on equity of 6.59% and a net margin of 7.95%. On average, equities research analysts forecast that Telia Company AB will post 0.34 EPS for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 27th. Shareholders of record on Friday, February 7th were paid a $0.0893 dividend. The ex-dividend date was Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio (DPR) is presently 52.94%.

About Telia Company AB (publ)

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.