Tele2 AB (publ) (OTCMKTS:TLTZY) Short Interest Update

Tele2 AB (publ) (OTCMKTS:TLTZY) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, a decline of 79.2% from the February 29th total of 2,400 shares. Based on an average trading volume of 2,600 shares, the days-to-cover ratio is presently 0.2 days.

Tele2 AB (publ) Stock Performance

Shares of TLTZY stock opened at $4.02 on Thursday. The stock has a market cap of $5.39 billion, a PE ratio of 16.30 and a beta of 0.61. Tele2 AB has a 52-week low of $3.32 and a 52-week high of $5.47. The business has a 50-day simple moving average of $4.10 and a 200-day simple moving average of $3.96. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 1.04.

Tele2 AB (publ) (OTCMKTS:TLTZY) last issued its quarterly earnings results on Tuesday, January 30th. The company reported $0.06 EPS for the quarter. Tele2 AB (publ) had a net margin of 12.82% and a return on equity of 16.50%. The company had revenue of $722.36 million during the quarter. On average, equities analysts expect that Tele2 AB will post 0.26 EPS for the current year.

About Tele2 AB (publ)

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.