Short Interest in Hellenic Telecom Organization SA (OTCMKTS:HLTOY) Grows By 143.8%

Key Points

• Hellenic Telecom Organization SA experienced a significant increase in short interest, rising by 143.8% to 3,900 shares as of July 31st, compared to 1,600 shares on July 15th.
• The company reported $0.18 EPS for its last quarterly earnings, meeting analysts' expectations, and had revenue of $1.06 billion, surpassing forecasts.
• Hellenic Telecom Organization announced an increased dividend of $0.3455 per share, up from the previous dividend of $0.33.

Hellenic Telecom Organization SA (OTCMKTS:HLTOY - Get Free Report) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 3,900 shares, agrowthof143.8% from the July 15th total of 1,600 shares. Currently,0.0% of the shares of the stock are short sold. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is currently 0.7 days. Currently,0.0% of the shares of the stock are short sold.

Hellenic Telecom Organization Trading Up 1.0%

Shares of OTCMKTS HLTOY traded up $0.09 during trading hours on Friday, hitting $9.49. 582 shares of the company traded hands, compared to its average volume of 1,466. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.85. The company's 50 day moving average price is $9.36 and its 200 day moving average price is $8.88. 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 posted its quarterly earnings results on Wednesday, August 6th. The utilities provider reported $0.18 EPS for the quarter, hitting analysts' consensus estimates of $0.18. The firm had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $908.46 million. Hellenic Telecom Organization had a net margin of 12.39% and a return on equity of 25.84%.

Hellenic Telecom Organization Increases Dividend

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

About Hellenic Telecom Organization

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.

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