Hellenic Telecom Organization SA (OTCMKTS:HLTOY) Sees Significant Increase in Short Interest

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) was the recipient of 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 sold short. Based on an average trading volume of 5,900 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 5,900 shares, the days-to-cover ratio is presently 0.7 days. Currently,0.0% of the shares of the stock are sold short.

Hellenic Telecom Organization Stock Performance

Shares of OTCMKTS HLTOY traded down $0.1230 during midday trading on Thursday, hitting $9.3770. The stock had a trading volume of 1,464 shares, compared to its average volume of 924. The stock has a 50 day simple moving average of $9.32 and a 200-day simple moving average of $8.93. Hellenic Telecom Organization has a 1 year low of $7.25 and a 1 year high of $10.25. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.85.

Hellenic Telecom Organization (OTCMKTS:HLTOY - Get Free Report) last released its earnings results on Wednesday, August 6th. The utilities provider reported $0.18 earnings per share for the quarter, meeting the consensus estimate of $0.18. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $908.46 million. Hellenic Telecom Organization had a return on equity of 25.84% and a net margin of 12.39%.

Hellenic Telecom Organization Increases Dividend

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

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.