Telstra Group Limited (OTCMKTS:TLGPY) Short Interest Update

Telstra Group Limited (OTCMKTS:TLGPY) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totalling 28,500 shares, a growth of 83.9% from the August 15th total of 15,500 shares. Based on an average daily trading volume, of 82,000 shares, the days-to-cover ratio is currently 0.3 days.

Telstra Group Price Performance

Shares of OTCMKTS:TLGPY traded down $0.01 during midday trading on Friday, hitting $13.40. The stock had a trading volume of 40,824 shares, compared to its average volume of 43,697. Telstra Group has a 12 month low of $11.19 and a 12 month high of $13.90. The business’s 50-day simple moving average is $13.08 and its 200-day simple moving average is $12.40.

Telstra Group Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, October 3rd. Investors of record on Thursday, August 29th will be paid a $0.2778 dividend. The ex-dividend date of this dividend is Thursday, August 29th. This is a boost from Telstra Group’s previous dividend of $0.27.

Telstra Group Company Profile

Telstra Group Limited engages in the provision of telecommunications and information services to businesses, governments, and individuals in Australia and internationally. It operates through four segments: Telstra Consumer and Small Business, Telstra Enterprise, Networks and IT, and Telstra InfraCo The company offers telecommunication, media and technology products and services to consumer and business customers using mobile and fixed network technologies, as well as operates call centers, retail stores, a dealership network, digital channels, distribution systems and Telstra Plus customer loyalty program in Australia.