Cellnex Telecom, S.A. (OTCMKTS:CLLNY) Short Interest Down 89.4% in October

Cellnex Telecom, S.A. (OTCMKTS:CLLNY) was the target of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 10,100 shares, a drop of 89.4% from the October 15th total of 95,400 shares. Based on an average trading volume of 84,500 shares, the days-to-cover ratio is presently 0.1 days.

Cellnex Telecom Stock Down 3.4 %

OTCMKTS:CLLNY traded down $0.58 during midday trading on Wednesday, hitting $16.62. The stock had a trading volume of 130,311 shares, compared to its average volume of 89,142. The stock has a 50-day moving average of $19.34 and a 200 day moving average of $18.44. Cellnex Telecom has a one year low of $15.65 and a one year high of $20.77.

Cellnex Telecom Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be paid a dividend of $0.0196 per share. The ex-dividend date of this dividend is Friday, November 22nd. This is a positive change from Cellnex Telecom’s previous dividend of $0.01.

Cellnex Telecom Company Profile

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.