Short Interest in Hellenic Telecommunications Organization S.A. (OTCMKTS:HLTOY) Grows By 600.0%

Hellenic Telecommunications Organization S.A. (OTCMKTS:HLTOYGet Rating) saw a significant increase in short interest in April. As of April 30th, there was short interest totalling 700 shares, an increase of 600.0% from the April 15th total of 100 shares. Based on an average trading volume of 10,100 shares, the short-interest ratio is currently 0.1 days.

Hellenic Telecommunications Organization stock opened at $9.20 on Thursday. Hellenic Telecommunications Organization has a fifty-two week low of $8.13 and a fifty-two week high of $10.45. The firm’s 50-day simple moving average is $9.24 and its 200 day simple moving average is $9.28.

Several research analysts recently weighed in on the stock. Barclays cut their price target on shares of Hellenic Telecommunications Organization from €20.00 ($21.05) to €19.00 ($20.00) and set an “overweight” rating on the stock in a report on Friday, April 1st. JPMorgan Chase & Co. boosted their price target on shares of Hellenic Telecommunications Organization from €18.70 ($19.68) to €19.40 ($20.42) in a report on Tuesday, March 1st.

Hellenic Telecommunications Organization Company Profile (Get Rating)

Hellenic Telecommunications Organization SA, together with its subsidiaries, provides telecommunications and related services to businesses and individuals primarily in Greece and Romania. It operates through OTE, COSMOTE Group, and Other segments. The company offers fixed-line, Internet access, ICT, and TV production services; and international carrier services.

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