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 April. As of April 15th, there was short interest totalling 43,200 shares, a growth of 257.0% from the March 31st total of 12,100 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 96,500 shares, the short-interest ratio is presently 0.4 days.

Telia Company AB (publ) Trading Up 0.1 %

Shares of Telia Company AB (publ) stock opened at $7.31 on Tuesday. Telia Company AB has a 12-month low of $4.53 and a 12-month high of $7.58. The firm’s 50-day moving average price is $6.96 and its two-hundred day moving average price is $6.17. The company has a quick ratio of 0.77, a current ratio of 0.81 and a debt-to-equity ratio of 1.48. The company has a market capitalization of $14.37 billion, a price-to-earnings ratio of 21.50, a PEG ratio of 3.14 and a beta of 0.34.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its quarterly earnings results on Thursday, April 24th. The technology company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.04. Telia Company AB (publ) had a net margin of 7.95% and a return on equity of 6.59%. The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $21.51 billion. On average, analysts forecast 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 announced a dividend, which will be paid on Thursday, May 1st. Shareholders of record on Friday, April 11th will be issued a $0.0996 dividend. This is an increase from Telia Company AB (publ)’s previous dividend of $0.09. The ex-dividend date of this dividend is Friday, April 11th. Telia Company AB (publ)’s dividend payout ratio is currently 67.65%.

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.