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

Telia Company AB (publ) (OTCMKTS:TLSNY) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 41,900 shares, an increase of 42.5% from the September 15th total of 29,400 shares. Based on an average trading volume of 61,400 shares, the days-to-cover ratio is presently 0.7 days.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on TLSNY shares. New Street Research raised shares of Telia Company AB (publ) to a “hold” rating in a research report on Thursday, September 26th. BNP Paribas raised shares of Telia Company AB (publ) to a “strong-buy” rating in a research report on Monday, September 16th.

Telia Company AB (publ) Stock Performance

Telia Company AB (publ) stock opened at $6.14 on Friday. Telia Company AB has a 52 week low of $4.11 and a 52 week high of $6.71. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.62. The stock has a market cap of $12.07 billion, a P/E ratio of 30.70 and a beta of 0.46. The stock has a 50 day moving average of $6.22 and a 200-day moving average of $5.50.

Telia Company AB (publ) (OTCMKTS:TLSNY) last posted its quarterly earnings results on Thursday, July 18th. The technology company reported $0.07 earnings per share (EPS) for the quarter. The firm had revenue of $2.09 billion for the quarter. Telia Company AB (publ) had a net margin of 4.71% and a return on equity of 0.53%. On average, analysts expect that Telia Company AB will post 0.31 EPS for the current fiscal year.

Telia Company AB (publ) Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, November 20th. Investors of record on Thursday, October 31st will be paid a $0.099 dividend. This is an increase from Telia Company AB (publ)’s previous dividend of $0.10. The ex-dividend date is Thursday, October 31st. Telia Company AB (publ)’s dividend payout ratio (DPR) is 110.00%.

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.