Hellenic Telecom Organization SA (OTCMKTS:HLTOY) Short Interest Update

Hellenic Telecom Organization SA (OTCMKTS:HLTOY) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 6,508 shares, a growth of 51.7% from the November 30th total of 4,289 shares. Based on an average trading volume of 4,119 shares, the short-interest ratio is currently 1.6 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 4,119 shares, the short-interest ratio is currently 1.6 days.

Hellenic Telecom Organization Stock Performance

Shares of OTCMKTS:HLTOY traded up $0.07 during trading on Monday, hitting $10.00. 253 shares of the company traded hands, compared to its average volume of 4,726. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.17. The business’s fifty day moving average is $9.78 and its 200-day moving average is $9.55. The stock has a market capitalization of $8.21 billion, a price-to-earnings ratio of 15.87 and a beta of 0.14. Hellenic Telecom Organization has a one year low of $7.25 and a one year high of $10.25.

Hellenic Telecom Organization (OTCMKTS:HLTOY) last announced its quarterly earnings results on Thursday, November 13th. The utilities provider reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.02. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $910.48 million. Hellenic Telecom Organization had a return on equity of 26.32% and a net margin of 15.62%.

Hellenic Telecom Organization Company Profile

Hellenic Telecommunications Organization SA (OTCMKTS: HLTOY), also known as OTE Group, is the primary provider of telecommunications and digital services in Greece. The company offers a comprehensive suite of solutions that includes fixed-line telephony, mobile communications under the COSMOTE brand, broadband internet access via fiber and ADSL networks, and pay-TV services through its COSMOTE TV platform. In addition, OTE Group delivers enterprise-focused ICT offerings such as cloud computing, data center operations, cybersecurity, managed network services and system integration.

Established in 1949 as Greece’s state telecommunications monopoly, OTE Group began a gradual privatization process in the late 1990s, which culminated in a majority stake acquisition by Deutsche Telekom.