TELENET GROUP HOLDING NV ORDINARY SHARES (OTCMKTS:TLGHF) Shorted Shares Increased 8.87% After Market Selling

July 14, 2018 - By Clifton Ray

The stock of TELENET GROUP HOLDING NV ORDINARY SHARES (OTCMKTS:TLGHF) registered an increase of 8.87% in short interest. TLGHF’s total short interest was 407,500 shares in July as published by FINRA. Its up 8.87% from 374,300 shares, reported previously.

It closed at $49.5 lastly. It is down 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Telenet Group Holding NV provides basic and enhanced video services to residential and business clients in Belgium and Luxembourg. The company has market cap of $4.55 billion. The firm offers basic video services, including basic cable television services; enhanced video services, including premium sports and film channels, a range of extended thematic channels, and a selection of films and broadcast contents; broadband Internet services; fixed-line and mobile telephony voice and data services; interconnection services; and value-added services, such as hosting, managed security, and cloud services. It has a 62.66 P/E ratio. As of December 31, 2016, it served 2,031,300 video subscribers; 1,786,600 enhanced video customers; 1,674,100 broadband Internet subscribers; and 1,302,600 fixed-line telephony subscribers, as well as 2,803,800 mobile subscribers.

Another recent and important Telenet Group Holding NV (OTCMKTS:TLGHF) news was published by Seekingalpha.com which published an article titled: “John Malone’s Hidden Gem: Telenet” on June 26, 2018.

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