Telstra Group Limited (OTCMKTS:TLGPY) Sees Large Drop in Short Interest

Telstra Group Limited (OTCMKTS:TLGPY) was the target of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 1,400 shares, a decrease of 81.6% from the October 31st total of 7,600 shares. Based on an average trading volume of 90,900 shares, the short-interest ratio is currently 0.0 days.

Telstra Group Price Performance

Shares of TLGPY traded up $0.25 during trading hours on Thursday, hitting $12.98. The company had a trading volume of 54,614 shares, compared to its average volume of 42,352. The business has a fifty day moving average of $13.02 and a 200-day moving average of $12.73. Telstra Group has a 12 month low of $11.19 and a 12 month high of $13.90.

About Telstra Group

Telstra Group Limited engages in the provision of telecommunications and information services to businesses, government, and individuals in Australia and internationally. It operates through six segments: Telstra Consumer; Telstra Business; Telstra Enterprise Australia; Telstra International; Networks, IT and Products; and Telstra InfraCo The company offers telecommunication and technology products and services to consumer and small and medium 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.