Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Update

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 62,500 shares, an increase of 49.2% from the September 30th total of 41,900 shares. Based on an average daily volume of 69,400 shares, the days-to-cover ratio is currently 0.9 days.

Telia Company AB (publ) Stock Up 1.7 %

Shares of Telia Company AB (publ) stock traded up $0.10 during midday trading on Friday, reaching $6.09. 22,048 shares of the company's stock traded hands, compared to its average volume of 33,277. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.87 and a current ratio of 0.92. Telia Company AB has a 52 week low of $4.11 and a 52 week high of $6.71. The company's 50 day simple moving average is $6.27 and its 200 day simple moving average is $5.58. The company has a market cap of $11.97 billion, a price-to-earnings ratio of 304.50 and a beta of 0.46.

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The technology company reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $2.09 billion during the quarter. Telia Company AB (publ) had a return on equity of 0.53% and a net margin of 4.71%. Equities analysts expect that Telia Company AB will post 0.39 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 Wednesday, November 20th. Investors of record on Thursday, October 31st will be paid a $0.099 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This is a positive change from Telia Company AB (publ)'s previous dividend of $0.10. Telia Company AB (publ)'s dividend payout ratio (DPR) is presently 950.00%.

Analysts Set New Price Targets

Several brokerages recently commented on TLSNY. BNP Paribas upgraded shares of Telia Company AB (publ) to a "strong-buy" rating in a research report on Monday, September 16th. New Street Research upgraded Telia Company AB (publ) to a "hold" rating in a report on Thursday, September 26th.

Telia Company AB (publ) Company Profile

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.