Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Up 751.7% in March

Telia Company AB (publ) (OTCMKTS:TLSNY) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 75,800 shares, a growth of 751.7% from the February 28th total of 8,900 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 68,500 shares, the days-to-cover ratio is presently 1.1 days.

Telia Company AB (publ) Trading Up 1.1 %

Shares of OTCMKTS TLSNY traded up $0.08 during trading on Thursday, hitting $7.07. 26,431 shares of the company were exchanged, compared to its average volume of 35,304. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.77 and a current ratio of 0.81. The company has a fifty day moving average price of $6.37 and a 200-day moving average price of $6.05. Telia Company AB has a 12-month low of $4.53 and a 12-month high of $7.15. The firm has a market capitalization of $13.90 billion, a PE ratio of 20.79, a P/E/G ratio of 3.14 and a beta of 0.46.

Telia Company AB (publ) (OTCMKTS:TLSNY) last posted its quarterly earnings data 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%. As a group, equities research analysts expect that Telia Company AB will post 0.34 EPS for the current year.

Telia Company AB (publ) Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 1st. Investors of record on Friday, April 11th will be issued a $0.0996 dividend. The ex-dividend date of this dividend is Friday, April 11th. This is a boost from Telia Company AB (publ)’s previous dividend of $0.09. Telia Company AB (publ)’s payout ratio is 67.65%.

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.