Short Interest in Telia Company AB (publ) (OTCMKTS:TLSNY) Decreases By 65.8%

Telia Company AB (publ) (OTCMKTS:TLSNY) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 8,900 shares, a decline of 65.8% from the February 13th total of 26,000 shares. Based on an average trading volume of 26,400 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Telia Company AB (publ) Trading Up 2.2 %

OTCMKTS TLSNY opened at $7.12 on Friday. 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 52 week low of $4.53 and a 52 week high of $7.15. The firm has a market cap of $14.00 billion, a PE ratio of 20.94, a price-to-earnings-growth ratio of 3.14 and a beta of 0.46. The company has a 50 day moving average price of $6.12 and a 200 day moving average price of $6.01.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its quarterly earnings data on Thursday, January 30th. The technology company reported ($0.02) 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%. As a group, sell-side analysts forecast that Telia Company AB will post 0.34 EPS for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 27th. Investors of record on Friday, February 7th were given a dividend of $0.0893 per share. The ex-dividend date was Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio is presently 52.94%.

About Telia Company AB (publ)

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.