Short Interest in Telia Company AB (publ) (OTCMKTS:TLSNY) Increases By 642.9%

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 5,200 shares, a growth of 642.9% from the March 15th total of 700 shares. Based on an average daily trading volume, of 54,500 shares, the short-interest ratio is presently 0.1 days.

Telia Company AB (publ) Trading Down 2.5 %

Shares of OTCMKTS TLSNY traded down $0.13 during midday trading on Wednesday, reaching $4.88. 67,925 shares of the stock were exchanged, compared to its average volume of 35,942. The company has a 50 day simple moving average of $4.82 and a 200 day simple moving average of $4.73. The stock has a market capitalization of $9.60 billion, a P/E ratio of 244.22 and a beta of 0.41. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.95 and a current ratio of 0.99. Telia Company AB has a twelve month low of $3.78 and a twelve month high of $5.53.

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) last announced its quarterly earnings results on Friday, January 26th. The technology company reported ($0.16) earnings per share (EPS) for the quarter. Telia Company AB (publ) had a negative return on equity of 0.51% and a net margin of 0.32%. The firm had revenue of $2.17 billion for the quarter. As a group, equities analysts expect that Telia Company AB will post 0.29 earnings per share for the current year.

Telia Company AB (publ) Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, May 2nd. Investors of record on Friday, April 12th will be issued a $0.0963 dividend. The ex-dividend date is Thursday, April 11th. Telia Company AB (publ)'s dividend payout ratio (DPR) is presently 1,100.00%.

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.