Cellnex Telecom, S.A. (OTCMKTS:CLLNY) Sees Significant Increase in Short Interest

Cellnex Telecom, S.A. (OTCMKTS:CLLNY) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 137,100 shares, a growth of 6,755.0% from the January 15th total of 2,000 shares. Based on an average daily volume of 297,500 shares, the days-to-cover ratio is currently 0.5 days.

Cellnex Telecom Price Performance

Shares of OTCMKTS CLLNY opened at $16.55 on Thursday. The stock’s 50-day moving average is $16.27 and its 200 day moving average is $17.91. Cellnex Telecom has a 1-year low of $14.56 and a 1-year high of $20.77.

Cellnex Telecom Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, November 21st. Shareholders of record on Wednesday, November 20th were paid a dividend of $0.046 per share. The ex-dividend date 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%.

About Cellnex Telecom

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.