Short Interest in Telenor ASA (OTCMKTS:TELNY) Increases By 605.8%

Posted by on Jul 12th, 2026

Telenor ASA (OTCMKTS:TELNY – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 87,834 shares, an increase of 605.8% from the June 15th total of 12,444 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 150,411 shares, the days-to-cover ratio is currently 0.6 days.

Telenor ASA Stock Performance

OTCMKTS TELNY traded down $0.11 during trading on Friday, reaching $14.80. The company’s stock had a trading volume of 55,211 shares, compared to its average volume of 69,185. The firm has a 50 day moving average price of $15.83 and a 200 day moving average price of $16.43. Telenor ASA has a 12 month low of $13.79 and a 12 month high of $18.92. The firm has a market capitalization of $20.25 billion, a price-to-earnings ratio of 14.23 and a beta of 0.31. The company has a current ratio of 0.71, a quick ratio of 0.69 and a debt-to-equity ratio of 0.98.

Telenor ASA (OTCMKTS:TELNY – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.94 billion. Telenor ASA had a return on equity of 16.31% and a net margin of 18.28%. As a group, equities analysts anticipate that Telenor ASA will post 0.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on TELNY shares. Citigroup cut Telenor ASA from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 7th. Pareto Securities cut Telenor ASA from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Barclays downgraded Telenor ASA from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, June 23rd. Finally, Zacks Research lowered Telenor ASA from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 7th. Three research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Read Our Latest Stock Report on Telenor ASA

Telenor ASA Company Profile

(Get Free Report)

Telenor ASA is a Norway-based multinational telecommunications company that provides a broad range of communications and digital services to consumers and businesses. Its core offerings include mobile voice and data services, fixed broadband, television distribution, and related value-added digital services. The company also provides enterprise solutions such as business connectivity, cloud and hosting services, Internet of Things (IoT) connectivity, and wholesale telecommunications services.

In its consumer-facing business, Telenor operates mobile networks, broadband access and content services, and increasingly bundles digital and financial services to enhance customer engagement.

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