Telenor ASA (OTCMKTS:TELNF) Short Interest Update

Telenor ASA (OTCMKTS:TELNF) was the recipient of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 318,400 shares, a decrease of 34.8% from the October 15th total of 488,300 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 318.4 days.

Telenor ASA Trading Down 6.0 %

OTCMKTS TELNF traded down $0.74 during trading hours on Friday, hitting $11.66. The company’s stock had a trading volume of 432 shares, compared to its average volume of 1,316. The stock has a fifty day moving average of $12.41 and a 200 day moving average of $11.88. Telenor ASA has a twelve month low of $10.18 and a twelve month high of $12.73.

Telenor ASA Company Profile

Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp. The company offers mobile subscriptions and handsets, telephony, broadband, data security, communications services, and TV services to residential and business customers, as well as wholesale services.