Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Down 41.3% in May

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 29,700 shares, a decrease of 41.3% from the April 30th total of 50,600 shares. Based on an average trading volume of 85,600 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Telia Company AB (publ) Stock Performance

Shares of TLSNY stock traded up $0.04 during trading hours on Wednesday, hitting $7.69. The company's stock had a trading volume of 34,496 shares, compared to its average volume of 40,561. The company has a 50 day moving average of $7.35 and a 200 day moving average of $6.48. The stock has a market cap of $15.12 billion, a PE ratio of 22.62, a price-to-earnings-growth ratio of 3.14 and a beta of 0.40. The company has a current ratio of 0.81, a quick ratio of 0.77 and a debt-to-equity ratio of 1.48. Telia Company AB has a 12-month low of $5.00 and a 12-month high of $7.84.

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The technology company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.06 by $0.04. The business had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $21.51 billion. Telia Company AB (publ) had a net margin of 7.95% and a return on equity of 6.59%. On average, sell-side analysts forecast that Telia Company AB will post 0.34 EPS for the current fiscal year.

Telia Company AB (publ) Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, May 1st. Investors of record on Friday, April 11th were issued a dividend of $0.0996 per share. The ex-dividend date of this dividend was Friday, April 11th. This is an increase from Telia Company AB (publ)'s previous dividend of $0.09. Telia Company AB (publ)'s dividend payout ratio is 81.82%.

Telia Company AB (publ) Company Profile

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.