TELENOR ASA ORDINARY SHARES (OTCMKTS:TELNF) Sellers Covered 2.5% of Their Shorts

July 14, 2018 - By Tamara Reed

Telenor ASA (OTCMKTS:TELNF) Logo

The stock of TELENOR ASA ORDINARY SHARES (OTCMKTS:TELNF) registered a decrease of 2.5% in short interest. TELNF’s total short interest was 1.01M shares in July as published by FINRA. Its down 2.5% from 1.04M shares, reported previously. With 700 shares average volume, it will take short sellers 1444 days to cover their TELNF’s short positions. The short interest to TELENOR ASA ORDINARY SHARES’s float is 0.15%.

It closed at $20.66 lastly. It is down 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Telenor ASA, together with its subsidiaries, operates as a telecommunication firm worldwide. The company has market cap of $31.03 billion. The Company’s services and products primarily include mobile communication, fixed line communication, and broadcasting activities. It has a 19.66 P/E ratio. The company??s mobile communication services comprise voice, data, Internet, and content services, as well as customer equipment and messaging.

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