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

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

Cellnex Telecom Stock Performance

Shares of Cellnex Telecom stock traded up $0.37 during trading on Thursday, reaching $17.15. The stock had a trading volume of 97,105 shares, compared to its average volume of 179,863. Cellnex Telecom has a 52 week low of $14.56 and a 52 week high of $20.77. The stock has a fifty day moving average price of $16.39 and a two-hundred day moving average price of $17.96.

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 paid a dividend of $0.046 per share. This represents a dividend yield of 0.15%. This is an increase from Cellnex Telecom’s previous dividend of $0.02. The ex-dividend date of this dividend 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.