Telia Company AB (publ) (OTCMKTS:TLSNY) Sees Large Decline in Short Interest

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totalling 2,400 shares, a drop of 71.8% from the April 15th total of 8,500 shares. Based on an average trading volume of 62,800 shares, the short-interest ratio is currently 0.0 days.

Telia Company AB (publ) Stock Up 1.7 %

OTCMKTS TLSNY traded up $0.08 during trading hours on Friday, hitting $4.73. 36,557 shares of the stock were exchanged, compared to its average volume of 31,111. Telia Company AB has a 12-month low of $3.78 and a 12-month high of $5.36. The stock has a 50-day moving average of $4.82 and a 200 day moving average of $4.80. The company has a current ratio of 0.99, a quick ratio of 0.95 and a debt-to-equity ratio of 1.73.

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) last announced its quarterly earnings data on Thursday, April 25th. The technology company reported $0.03 earnings per share for the quarter. Telia Company AB (publ) had a negative return on equity of 0.55% and a net margin of 0.32%. The firm had revenue of $2.05 billion for the quarter. Sell-side analysts predict that Telia Company AB will post 0.27 earnings per share for the current year.

Telia Company AB (publ) Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, May 2nd. Investors of record on Friday, April 12th were issued a $0.0963 dividend. The ex-dividend date of this dividend was Thursday, April 11th. Telia Company AB (publ)'s dividend payout ratio 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.

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