Cellnex Telecom, S.A. (OTCMKTS:CLLNY) Sees Large Decline in Short Interest

Cellnex Telecom, S.A. (OTCMKTS:CLLNY) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 22,200 shares, a drop of 21.0% from the December 31st total of 28,100 shares. Based on an average trading volume of 371,000 shares, the days-to-cover ratio is currently 0.1 days.

Cellnex Telecom Trading Up 2.2 %

Shares of OTCMKTS:CLLNY traded up $0.37 during midday trading on Thursday, hitting $17.15. The company’s stock had a trading volume of 97,105 shares, compared to its average volume of 179,863. The stock’s 50 day simple moving average is $16.39 and its 200 day simple moving average is $17.96. Cellnex Telecom has a fifty-two week low of $14.56 and a fifty-two week high of $20.77.

Cellnex Telecom Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, November 21st. Stockholders of record on Wednesday, November 20th were given a $0.046 dividend. This represents a dividend yield of 0.15%. This is a boost from Cellnex Telecom’s previous dividend of $0.02. The ex-dividend date was Tuesday, November 19th.

Cellnex Telecom Company Profile

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.