Short Interest in Telia Company AB (publ) (OTCMKTS:TLSNY) Decreases By 84.0%

Telia Company AB (publ) (OTCMKTS:TLSNY) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 12,100 shares, a decline of 84.0% from the March 15th total of 75,800 shares. Based on an average daily volume of 27,500 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

Telia Company AB (publ) Stock Up 0.4 %

TLSNY stock traded up $0.03 during trading on Wednesday, reaching $7.19. The stock had a trading volume of 17,167 shares, compared to its average volume of 36,525. 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 $14.14 billion, a price-to-earnings ratio of 21.15, a P/E/G ratio of 3.14 and a beta of 0.34. The company’s 50 day moving average is $6.76 and its two-hundred day moving average is $6.10. Telia Company AB has a one year low of $4.53 and a one year high of $7.51.

Telia Company AB (publ) (OTCMKTS:TLSNY) last announced its quarterly earnings data on Thursday, January 30th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%. Equities research analysts forecast that Telia Company AB will post 0.34 EPS for the current year.

Telia Company AB (publ) Increases Dividend

The business also recently announced 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. This is an increase from Telia Company AB (publ)’s previous dividend of $0.09. The ex-dividend date 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.