Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Down 59.4% in January

Telia Company AB (publ) (OTCMKTS:TLSNY) saw a large decrease in short interest in January. As of January 15th, there was short interest totalling 12,500 shares, a decrease of 59.4% from the December 31st total of 30,800 shares. Based on an average daily volume of 169,800 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, 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

Shares of TLSNY stock traded up $0.02 on Thursday, hitting $5.83. 21,014 shares of the stock traded hands, compared to its average volume of 59,181. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.91 and a quick ratio of 0.86. The company has a market capitalization of $11.46 billion, a PE ratio of 26.50 and a beta of 0.48. Telia Company AB has a 1-year low of $4.53 and a 1-year high of $6.71. The company’s fifty day moving average is $5.58 and its 200 day moving average is $5.87.

Telia Company AB (publ) (OTCMKTS:TLSNY) last posted its quarterly earnings results on Thursday, January 30th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate 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 research analysts predict that Telia Company AB will post 0.31 earnings per share for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, February 27th. Investors of record on Friday, February 7th will be given a dividend of $0.0893 per share. The ex-dividend date is Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio is currently 77.27%.

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.