TeliaSonera AB (OTCMKTS:TLSNY) Stock Short Interest Report for October

TeliaSonera AB (OTCMKTS:TLSNY) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 34,531 shares, a decline of 42.3% from the September 30th total of 59,888 shares. Based on an average trading volume of 310,961 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

TeliaSonera Price Performance

OTCMKTS:TLSNY opened at $10.11 on Monday. The business’s 50-day moving average price is $9.22 and its 200 day moving average price is $9.69. The company has a quick ratio of 0.62, a current ratio of 0.66 and a debt-to-equity ratio of 1.46. The firm has a market cap of $19.88 billion, a P/E ratio of 36.11 and a beta of 0.36. TeliaSonera has a 52-week low of $7.56 and a 52-week high of $10.98.

TeliaSonera (OTCMKTS:TLSNY) last released its quarterly earnings results on Thursday, October 22nd. The technology company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The company had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.08 billion. TeliaSonera had a net margin of 6.54% and a return on equity of 9.82%. As a group, sell-side analysts predict that TeliaSonera will post 0.43 earnings per share for the current fiscal year.

TeliaSonera Company Profile

TeliaSonera, now known as Telia Company AB, is a Swedish telecommunications and digital services company. It was formed in 2003 through the merger of Sweden’s Telia and Finland’s Sonera and adopted the Telia Company name in 2016. The company provides connectivity and communications services to consumers, businesses and public-sector organizations.

Its offerings include mobile and fixed-line communications, broadband, television and digital entertainment, as well as enterprise networking, cloud, cybersecurity and information technology services.