48.21% More Veon LTD. – American Depositary Shares (NASDAQ:VEON) Short Interest

May 3, 2018 - By Ira Colvard

Change of 48.21% for Veon LTD. – American Depositary Shares (NASDAQ:VEON)’s shares shorted was reported. FINRA issued in May VEON’s total 10.75 million shares shorted. Previously was reported up change of 48.21% from 7.25 million shares. 2 days will cost VEON with 5.29M average volume to recover its previous position. Veon LTD. – American Depositary Shares’s shares shorted float is 1.65%.

The stock decreased 0.37% or $0.01 during the last trading session, reaching $2.67.Currently VEON Ltd. is downtrending after 36.19% change in last May 3, 2017. VEON has also 1.13M shares volume. VEON underperformed the S&P 500 by 47.74%.

VEON Ltd., a communications and technology company, through its subsidiaries, provides mobile and fixed-line telecommunications services.The company has $4.67 billion market cap. The firm offers mobile telecommunications services under contract and prepaid plans for corporate and consumer divisions; value added services, including messaging services, content/infotainment services, data access services, location based services, media, and content delivery channels; national and international roaming services; wireless Internet access; mobile financial services; and mobile bundles.Currently it has negative earnings. It also provides fixed-line telecommunication services, such as business and corporate services comprising various telecommunications and information technology, and data center services to companies and high-end residential buildings; carrier and operator services; consumer Internet services, which provide fixed-line telephony, Internet access, and home phone services on a VoIP and copper wire basis; consumer voice offerings; corporate voice offerings that offer fixed-line voice services, data services, value added services, and connectivity services to corporate customers, such as large corporate customers, small and medium enterprises, and SOHOs; and Internet and data services, which provide Internet and data transmission services to consumer and corporate customers.

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