Telenor ASA (OTCMKTS:TELNF) Short Interest Update

Telenor ASA (OTCMKTS:TELNFGet Rating) saw a significant drop in short interest in April. As of April 30th, there was short interest totalling 340,000 shares, a drop of 19.2% from the April 15th total of 420,700 shares. Based on an average daily trading volume, of 1,800 shares, the short-interest ratio is currently 188.9 days.

Telenor ASA stock traded up $0.07 during midday trading on Tuesday, reaching $12.88. The company’s stock had a trading volume of 1,168 shares, compared to its average volume of 1,916. The business has a 50-day simple moving average of $14.43 and a 200-day simple moving average of $15.14. Telenor ASA has a fifty-two week low of $12.74 and a fifty-two week high of $18.45.

Telenor ASA Company Profile (Get Rating)

Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. Its principal products and services include mobile communication, fixed line communication, and broadcasting services. The company's mobile communication services comprise voice, data, Internet, and content services, as well as customer equipment and messaging.

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