Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Down 84.0% in March

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 12,100 shares, a drop of 84.0% from the March 15th total of 75,800 shares. Based on an average daily trading volume, of 27,500 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company's stock are sold short.

Telia Company AB (publ) Stock Performance

TLSNY stock traded up $0.10 during trading hours on Friday, reaching $7.33. The stock had a trading volume of 16,535 shares, compared to its average volume of 35,928. Telia Company AB has a fifty-two week low of $4.53 and a fifty-two week high of $7.51. The stock has a market capitalization of $14.41 billion, a PE ratio of 21.56, a price-to-earnings-growth ratio of 3.14 and a beta of 0.34. The stock has a 50-day simple moving average of $6.83 and a 200 day simple moving average of $6.13. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.81 and a quick ratio of 0.77.

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The technology company reported ($0.02) earnings per share 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%. Analysts predict that Telia Company AB will post 0.34 EPS for the current fiscal year.

Telia Company AB (publ) Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 1st. Shareholders of record on Friday, April 11th will be given a $0.0996 dividend. This is an increase from Telia Company AB (publ)'s previous dividend of $0.09. The ex-dividend date of this dividend is Friday, April 11th. Telia Company AB (publ)'s dividend payout ratio (DPR) is currently 67.65%.

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.