BT Group plc (OTCMKTS:BTGOF) Short Interest Down 7.1% in December

BT Group plc (OTCMKTS:BTGOF) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 5,340,000 shares, a drop of 7.1% from the December 15th total of 5,746,100 shares. Based on an average trading volume of 83,200 shares, the short-interest ratio is presently 64.2 days.

Analyst Ratings Changes

Separately, Barclays cut BT Group from an “overweight” rating to an “equal weight” rating in a report on Tuesday, December 10th.

BT Group Stock Up 2.3 %

Shares of BTGOF opened at $1.75 on Friday. BT Group has a twelve month low of $1.25 and a twelve month high of $2.06. The firm’s 50 day moving average price is $1.84 and its two-hundred day moving average price is $1.83.

BT Group Company Profile

BT Group plc provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Consumer, Enterprise, Global, and Openreach segments. The company builds, owns, and operates fixed and mobile networks; and designs, builds, markets, sells, and supports network access, connectivity, and related solutions.