Short Interest in Telenor ASA (OTCMKTS:TELNF) Rises By 29.4%

Telenor ASA (OTCMKTS:TELNF) saw a significant 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 trading volume of 100 shares, the short-interest ratio is presently 3,482.0 days.

Telenor ASA Price Performance

Telenor ASA stock opened at $12.68 on Friday. Telenor ASA has a 1-year low of $10.02 and a 1-year high of $12.68. The business has a fifty day moving average price of $12.07 and a 200-day moving average price of $11.61.

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.