Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Up 63.5% in April

Telia Company AB (publ) (OTCMKTS:TLSNY) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 8,500 shares, a growth of 63.5% from the March 31st total of 5,200 shares. Based on an average daily trading volume, of 55,100 shares, the short-interest ratio is presently 0.2 days.

Telia Company AB (publ) Stock Performance

TLSNY traded down $0.08 during mid-day trading on Friday, reaching $4.64. The stock had a trading volume of 12,893 shares, compared to its average volume of 29,492. The company has a quick ratio of 0.95, a current ratio of 0.99 and a debt-to-equity ratio of 1.73. The firm’s fifty day simple moving average is $4.84 and its two-hundred day simple moving average is $4.79. Telia Company AB has a 52 week low of $3.78 and a 52 week high of $5.53.

Telia Company AB (publ) (OTCMKTS:TLSNY) last announced its quarterly earnings data on Friday, January 26th. The technology company reported ($0.16) EPS for the quarter. The firm had revenue of $2.17 billion during the quarter. Telia Company AB (publ) had a net margin of 0.32% and a negative return on equity of 0.55%. On average, equities research analysts forecast that Telia Company AB will post 0.27 earnings per share for the current year.

Telia Company AB (publ) Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, May 2nd. Stockholders of record on Friday, April 12th will be paid a $0.0963 dividend. The ex-dividend date of this dividend is Thursday, April 11th. Telia Company AB (publ)’s dividend payout ratio (DPR) is currently 1,050.00%.

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.