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

Cellnex Telecom, S.A. (OTCMKTS:CLLNY) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 22,200 shares, a decline of 21.0% from the December 15th 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 Trading Up 1.4 %

Shares of OTCMKTS:CLLNY traded up $0.23 during mid-day trading on Thursday, reaching $16.15. The company had a trading volume of 227,624 shares, compared to its average volume of 217,592. Cellnex Telecom has a one year low of $14.56 and a one year high of $20.77. The company’s 50-day moving average price is $16.48 and its 200-day moving average price is $18.00.

Cellnex Telecom Increases Dividend

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

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.