Short Interest in Hellenic Telecom Organization SA (OTCMKTS:HLTOY) Rises By 5,513.3%

Key Points

• Short interest in Hellenic Telecom Organization SA increased by an astounding 5,513.3% in September, reaching a total of 168,400 shares.
• The company reported earnings of $0.18 EPS for the quarter, meeting analysts' expectations, with revenues of $1.06 billion.
• Currently, Hellenic Telecom's stock is trading at $9.61, with a 52-week range between $7.25 and $10.25.

Hellenic Telecom Organization SA (OTCMKTS:HLTOY - Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 168,400 shares, an increase of 5,513.3% from the August 31st total of 3,000 shares. Based on an average trading volume of 32,300 shares, the days-to-cover ratio is presently 5.2 days. Based on an average trading volume of 32,300 shares, the days-to-cover ratio is presently 5.2 days.

Hellenic Telecom Organization Stock Performance

Shares of HLTOY stock traded up $0.04 during trading hours on Tuesday, hitting $9.61. The company had a trading volume of 624 shares, compared to its average volume of 5,235. The company's fifty day moving average is $9.45 and its 200 day moving average is $9.26. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.75 and a current ratio of 0.78. Hellenic Telecom Organization has a fifty-two week low of $7.25 and a fifty-two week high of $10.25.

Hellenic Telecom Organization (OTCMKTS:HLTOY - Get Free Report) last posted its earnings results on Wednesday, August 6th. The utilities provider reported $0.18 EPS for the quarter, meeting analysts' consensus estimates of $0.18. The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $908.46 million. Hellenic Telecom Organization had a net margin of 12.39% and a return on equity of 26.09%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.