Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Update

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 8,500 shares, an increase of 63.5% from the March 31st total of 5,200 shares. Based on an average trading volume of 55,100 shares, the days-to-cover ratio is currently 0.2 days.

Telia Company AB (publ) Stock Performance

Shares of OTCMKTS TLSNY traded down $0.08 during midday trading on Friday, hitting $4.64. The company's stock had a trading volume of 12,893 shares, compared to its average volume of 29,492. The stock has a fifty day moving average price of $4.84 and a 200 day moving average price of $4.79. Telia Company AB has a one year low of $3.78 and a one year high of $5.53. The company has a current ratio of 0.99, a quick ratio of 0.95 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of $9.12 billion, a price-to-earnings ratio of 232.00 and a beta of 0.41.

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) last posted 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 net margin of 0.32% and a negative return on equity of 0.55%. The business had revenue of $2.17 billion during the quarter. On average, research analysts forecast that Telia Company AB will post 0.29 EPS for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 2nd. Stockholders of record on Friday, April 12th will be given a $0.0963 dividend. The ex-dividend date is Thursday, April 11th. Telia Company AB (publ)'s dividend payout ratio (DPR) is currently 1,050.00%.

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.