Telenor ASA (OTCMKTS:TELNF – Get Free Report) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,295,928 shares, an increase of 145.4% from the April 15th total of 528,115 shares. Based on an average trading volume of 1,836 shares, the days-to-cover ratio is currently 705.8 days.
Telenor ASA Stock Performance
Shares of TELNF opened at $17.27 on Friday. The company has a 50-day moving average price of $17.28 and a two-hundred day moving average price of $16.19. Telenor ASA has a 12 month low of $11.73 and a 12 month high of $19.10.
Telenor ASA Company Profile
Telenor ASA is a Norway‐based telecommunications company that provides a broad range of communication services to consumers and businesses. Its core offerings include mobile voice and data services, fixed‐line broadband, pay‐TV solutions and Internet of Things (IoT) connectivity. Through its network infrastructure, Telenor serves both retail and enterprise customers, delivering digital solutions that span cloud services, managed network operations and cybersecurity.
The company’s operations extend across Northern Europe and selected Asian markets.
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