Short Interest in Telia Company AB (publ) (OTCMKTS:TLSNY) Expands By 257.0%

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 43,200 shares, an increase of 257.0% from the March 31st total of 12,100 shares. Based on an average trading volume of 96,500 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Telia Company AB (publ) Price Performance

TLSNY stock traded up $0.10 during midday trading on Friday, reaching $7.60. 39,411 shares of the company's stock traded hands, compared to its average volume of 36,933. The company has a quick ratio of 0.77, a current ratio of 0.81 and a debt-to-equity ratio of 1.48. The company has a market cap of $14.94 billion, a price-to-earnings ratio of 22.35, a PEG ratio of 3.14 and a beta of 0.34. The company has a 50-day simple moving average of $7.02 and a two-hundred day simple moving average of $6.20. Telia Company AB has a 1-year low of $4.53 and a 1-year high of $7.84.

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The technology company reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.06 by $0.04. The firm had revenue of $2.08 billion for the quarter, compared to analysts' expectations 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, analysts anticipate that Telia Company AB will post 0.34 earnings per share for the current year.

Telia Company AB (publ) Increases Dividend

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

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.