SK Telecom Co., Ltd. (NYSE: SKM) recorded a significant decline in short-term interest in November. As of November 30, there was short interest totaling 678,500 shares, a decrease of 37.8% from the November 15 total of 1,090,000 shares. Based on an average daily volume of 230,800 shares, the day / hedge ratio is currently 2.9 days.
Separately, Zacks investment research in a report published on Wednesday, October 13, shares of SK Telecom Co., Ltd. were reduced from a “strong buy” rating to a “sell” rating.
SKM traded up $ 0.76 in Friday’s session, reaching $ 47.17. The stock had a trading volume of 467,684 shares, compared to its average volume of 254,908. The company has a leverage ratio of 0.37, a quick ratio of 1.14, and a current ratio of 1. 17. The company has a market cap of $ 20.82 billion, a P / E ratio of 8.29 and a beta of 0.88. The company’s 50-day mobile average price is $ 33.51, and its 200-day mobile average price is $ 31.31. SK Telecom Co., Ltd. has a twelve month low of $ 35.95 and a twelve month high of $ 50.39.
SK Telecom Co., Ltd. (NYSE: SKM) last released its results on Wednesday, November 10. The wireless communications provider reported EPS of $ 1.05 for the quarter. The company reported sales of $ 4.29 billion for the quarter. SK Telecom Co., Ltd. had a net margin of 12.73% and a return on equity of 10.05%.
The company also recently announced a semi-annual dividend, which will be paid on Thursday, December 23. Shareholders of record on Monday, December 20 will receive a dividend of $ 0.3867 per share. This is a positive change from the previous semi-annual dividend of $ 0.18 from SK Telecom Co., Ltd. This represents a dividend yield of 4.1%. The ex-dividend date for this dividend is Monday, December 27. SK Telecom Co., Ltd.’s payout rate is currently 10.90%.
Several hedge funds and other institutional investors recently changed their holdings to SKM. D Orazio & Associates Inc. purchased a new equity stake in SK Telecom Co., Ltd. in the 3rd quarter valued at approximately $ 25,000. Heritage Wealth Management LLC purchased a new equity stake in SK Telecom Co., Ltd. in the 2nd quarter valued at approximately $ 36,000. Rockefeller Capital Management LP strengthened its position in shares of SK Telecom Co., Ltd. by 1,219.4% in the second quarter. Rockefeller Capital Management LP now owns 1,636 shares of the wireless communications provider valued at $ 51,000 after purchasing an additional 1,512 shares in the last quarter. Liberty Wealth Management LLC purchased a new equity stake in SK Telecom Co., Ltd. in the 2nd quarter valued at approximately $ 77,000. Finally, JTC Employer Solutions Trustee Ltd. purchased a new equity stake in SK Telecom Co., Ltd. in the second quarter for a value of approximately $ 110,000. Institutional investors hold 7.50% of the company’s shares.
Company Profile SK Telecom Co., Ltd
SK Telecom Co, Ltd. provides wireless internet and telecommunications services. Its products include mobile phones, wireless data, information communication and others. The company was founded on March 29, 1984 and is headquartered in Seoul, South Korea.
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