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

Telia Company AB (publ) (OTCMKTS:TLSNY) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 75,800 shares, a growth of 751.7% from the February 28th total of 8,900 shares. Based on an average daily trading volume, of 68,500 shares, the short-interest ratio is presently 1.1 days. Currently, 0.0% of the shares of the company are sold short.

Telia Company AB (publ) Stock Performance

Shares of OTCMKTS:TLSNY traded down $0.03 during trading on Friday, hitting $7.04. The stock had a trading volume of 13,640 shares, compared to its average volume of 34,930. The company has a quick ratio of 0.77, a current ratio of 0.81 and a debt-to-equity ratio of 1.48. Telia Company AB has a 12-month low of $4.53 and a 12-month high of $7.15. The stock has a 50-day simple moving average of $6.40 and a two-hundred day simple moving average of $6.06. The stock has a market capitalization of $13.84 billion, a price-to-earnings ratio of 20.71, a price-to-earnings-growth ratio of 3.14 and a beta of 0.46.

Telia Company AB (publ) (OTCMKTS:TLSNY) last announced its earnings results on Thursday, January 30th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.07). Telia Company AB (publ) had a net margin of 7.95% and a return on equity of 6.59%. On average, equities research analysts expect that Telia Company AB will post 0.34 earnings per share for the current fiscal year.

Telia Company AB (publ) Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, May 1st. Stockholders of record on Friday, April 11th will be given a dividend of $0.0996 per share. The ex-dividend date is Friday, April 11th. This is a positive change from Telia Company AB (publ)’s previous dividend of $0.09. Telia Company AB (publ)’s payout ratio is presently 67.65%.

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.