Cellnex Telecom, S.A. (OTCMKTS:CLLNY) Sees Large Growth in Short Interest

Cellnex Telecom, S.A. (OTCMKTS:CLLNY) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 28,100 shares, an increase of 181.0% from the November 30th total of 10,000 shares. Based on an average daily volume of 182,300 shares, the days-to-cover ratio is currently 0.2 days.

Cellnex Telecom Stock Down 0.9 %

OTCMKTS:CLLNY traded down $0.14 during trading hours on Friday, reaching $15.83. 180,121 shares of the company’s stock were exchanged, compared to its average volume of 95,510. Cellnex Telecom has a 1-year low of $15.18 and a 1-year high of $20.77. The company has a 50-day moving average of $17.40 and a 200 day moving average of $18.16.

Cellnex Telecom Increases Dividend

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

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.