Cellnex Telecom, S.A. (OTCMKTS:CLLNY) Sees Significant Growth in Short Interest

Cellnex Telecom, S.A. (OTCMKTS:CLLNY) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 10,000 shares, an increase of 2,400.0% from the November 15th total of 400 shares. Based on an average trading volume of 276,900 shares, the short-interest ratio is currently 0.0 days.

Cellnex Telecom Trading Down 0.6 %

Shares of CLLNY traded down $0.11 during mid-day trading on Wednesday, reaching $17.46. 100,180 shares of the company’s stock were exchanged, compared to its average volume of 91,653. Cellnex Telecom has a 52-week low of $15.65 and a 52-week high of $20.77. The company has a 50-day simple moving average of $18.23 and a two-hundred day simple moving average of $18.34.

Cellnex Telecom Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, November 21st. Shareholders of record on Wednesday, November 20th were issued a $0.046 dividend. This represents a yield of 0.15%. This is a positive change from Cellnex Telecom’s previous dividend of $0.02. The ex-dividend date of this dividend was Tuesday, November 19th.

About Cellnex Telecom

Cellnex Telecom, SA operates infrastructure for wireless telecommunication in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland. It operates through three segments: Telecom Infrastructure Services, Broadcasting Infrastructure, and Other Network Services.