Tele2 AB (publ) (OTCMKTS:TLTZY) Short Interest Down 17.9% in March

Tele2 AB (publ) (OTCMKTS:TLTZY - Get Free Report) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 2,300 shares, a drop of 17.9% from the March 15th total of 2,800 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is presently 2.9 days. Currently, 0.0% of the shares of the company are sold short.

Tele2 AB (publ) Price Performance

Shares of OTCMKTS TLTZY traded up $0.55 during midday trading on Wednesday, reaching $7.42. The company's stock had a trading volume of 935 shares, compared to its average volume of 879. The company has a market cap of $10.15 billion, a P/E ratio of 28.53 and a beta of 0.49. Tele2 AB has a fifty-two week low of $4.54 and a fifty-two week high of $7.42. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.47 and a current ratio of 0.54. The business's 50 day moving average price is $6.23 and its two-hundred day moving average price is $5.54.

Tele2 AB (publ) (OTCMKTS:TLTZY - Get Free Report) last released its earnings results on Wednesday, April 23rd. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. Tele2 AB (publ) had a return on equity of 17.50% and a net margin of 13.05%. On average, analysts forecast that Tele2 AB will post 0.28 EPS for the current fiscal year.

Tele2 AB (publ) Company Profile

Tele2 AB (publ) provides fixed and mobile connectivity, handset related data services, and entertainment services in Sweden, Lithuania, Latvia, and Estonia. The company offers mobile telephony and data, fixed broadband, fixed telephony, switch and contact center, cloud services, IT services, network services, workplace, video and collaboration, united communications, and security services.