Short Interest in Hellenic Telecom Organization SA (OTCMKTS:HLTOY) Drops By 23.1%

Key Points

• As of August 31, Hellenic Telecom Organization SA experienced a 23.1% decrease in short interest, totaling 3,000 shares.
• In its latest earnings report, Hellenic Telecom Organization posted an EPS of $0.18, meeting analyst expectations with revenue significantly exceeding projections at $1.06 billion.
• The company recently declared an increased dividend of $0.3455 per share, representing a yield of 358.0%.

Hellenic Telecom Organization SA (OTCMKTS:HLTOY - Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 3,000 shares, a drop of 23.1% from the August 15th total of 3,900 shares. Based on an average daily volume of 3,900 shares, the short-interest ratio is currently 0.8 days. Approximately 0.0% of the company's shares are short sold. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 3,900 shares, the short-interest ratio is currently 0.8 days.

Hellenic Telecom Organization Stock Down 1.0%

HLTOY stock traded down $0.10 on Friday, reaching $9.86. The company's stock had a trading volume of 1,985 shares, compared to its average volume of 15,713. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.75 and a current ratio of 0.78. The business has a fifty day simple moving average of $9.36 and a two-hundred day simple moving average of $9.20. Hellenic Telecom Organization has a 12-month low of $7.25 and a 12-month high of $10.25.

Hellenic Telecom Organization (OTCMKTS:HLTOY - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The utilities provider reported $0.18 EPS for the quarter, meeting the consensus estimate of $0.18. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $908.46 million. Hellenic Telecom Organization had a return on equity of 26.09% and a net margin of 12.39%.

Hellenic Telecom Organization Increases Dividend

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