Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Update

Telia Company AB (publ) (OTCMKTS:TLSNY) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 30,800 shares, an increase of 24.2% from the December 31st total of 24,800 shares. Based on an average trading volume of 115,700 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, Barclays cut shares of Telia Company AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 6th.

Telia Company AB (publ) Stock Performance

OTCMKTS TLSNY traded up $0.22 on Friday, reaching $5.94. The stock had a trading volume of 56,845 shares, compared to its average volume of 57,969. Telia Company AB has a 1-year low of $4.53 and a 1-year high of $6.71. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.91 and a quick ratio of 0.86. The company has a market cap of $11.68 billion, a P/E ratio of 27.00 and a beta of 0.48. The firm has a fifty day moving average of $5.59 and a two-hundred day moving average of $5.88.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its quarterly earnings results on Thursday, January 30th. The technology company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.07). Telia Company AB (publ) had a return on equity of 1.90% and a net margin of 5.37%. On average, equities research analysts anticipate that Telia Company AB will post 0.31 EPS for the current year.

Telia Company AB (publ) Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 27th. Investors of record on Friday, February 7th will be paid a $0.0893 dividend. The ex-dividend date of this dividend is Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio (DPR) is currently 86.37%.

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.