Telenor ASA (OTCMKTS:TELNF) Short Interest Up 29.4% in September

Telenor ASA (OTCMKTS:TELNF) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 348,200 shares, a growth of 29.4% from the August 31st total of 269,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 3,482.0 days.

Telenor ASA Price Performance

Shares of TELNF stock remained flat at $12.68 during trading hours on Friday. Telenor ASA has a one year low of $10.02 and a one year high of $12.68. The business’s 50-day moving average is $12.05 and its two-hundred day moving average is $11.60.

Telenor ASA Company Profile

Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp. The company offers mobile subscriptions and handsets, telephony, broadband, data security, communications services, and TV services to residential and business customers, as well as wholesale services.