Short Interest in Cellnex Telecom, S.A. (OTCMKTS:CLLNY) Drops By 21.0%

Cellnex Telecom, S.A. (OTCMKTS:CLLNY) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 22,200 shares, a decline of 21.0% from the December 15th total of 28,100 shares. Based on an average daily volume of 371,000 shares, the days-to-cover ratio is currently 0.1 days.

Cellnex Telecom Price Performance

CLLNY stock traded up $0.29 during trading on Friday, reaching $16.44. 102,238 shares of the company were exchanged, compared to its average volume of 207,103. The company has a 50-day moving average of $16.46 and a two-hundred day moving average of $17.98. Cellnex Telecom has a twelve month low of $14.56 and a twelve month high of $20.77.

Cellnex Telecom Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, November 21st. Stockholders of record on Wednesday, November 20th were issued a dividend of $0.046 per share. The ex-dividend date of this dividend was Tuesday, November 19th. This is an increase from Cellnex Telecom’s previous dividend of $0.02. This represents a dividend yield of 0.15%.

Cellnex Telecom Company Profile

Cellnex Telecom, SA operates infrastructure for wireless telecommunication in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland. It operates through three segments: Telecom Infrastructure Services, Broadcasting Infrastructure, and Other Network Services.