Hellenic Telecom Organization SA (OTCMKTS:HLTOY) Sees Significant Increase in Short Interest

Key Points

• Hellenic Telecom Organization SA (OTCMKTS:HLTOY) experienced a significant 1500% increase in short interest in July, totaling 1,600 shares compared to just 100 shares at the end of June.
• The company reported earnings of $0.20 EPS for the last quarter, with a revenue of $924.46 million and a net margin of 13.70%.
• Recently, Hellenic Telecom declared a dividend of $0.3455 per share, reflecting a substantial increase from the previous dividend of $0.33 and a yield of 358.0%.

Hellenic Telecom Organization SA (OTCMKTS:HLTOY - Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,600 shares, anincreaseof1,500.0% from the June 30th total of 100 shares. Based on an average trading volume of 3,000 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 3,000 shares, the short-interest ratio is presently 0.5 days.

Hellenic Telecom Organization Price Performance

OTCMKTS HLTOY traded down $0.07 during trading hours on Wednesday, hitting $9.16. 323 shares of the company's stock traded hands, compared to its average volume of 2,369. Hellenic Telecom Organization has a 52-week low of $7.25 and a 52-week high of $10.25. The company has a quick ratio of 0.81, a current ratio of 0.85 and a debt-to-equity ratio of 0.40. The firm's 50-day moving average is $9.44 and its 200-day moving average is $8.80.

Hellenic Telecom Organization (OTCMKTS:HLTOY - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The utilities provider reported $0.18 earnings per share (EPS) for the quarter. Hellenic Telecom Organization had a net margin of 13.70% and a return on equity of 26.59%.

Hellenic Telecom Organization Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, July 21st. Shareholders of record on Friday, July 4th were issued a dividend of $0.3455 per share. This is a boost from Hellenic Telecom Organization's previous dividend of $0.33. The ex-dividend date was Thursday, July 3rd. This represents a yield of 358.0%.

Hellenic Telecom Organization Company Profile

Hellenic Telecommunications Organization SA provides telecommunications and related services to businesses and individuals primarily in Greece and Romania. It operates through OTE, COSMOTE Group, and Telekom Romania Mobile segments. The company offers fixed-line, Internet access, ICT, and TV production services; and international carrier services.