Telstra Group Limited (OTCMKTS:TLGPY) Sees Significant Decrease in Short Interest

Telstra Group Limited (OTCMKTS:TLGPY) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 26,600 shares, a drop of 46.0% from the November 30th total of 49,300 shares. Based on an average daily trading volume, of 125,900 shares, the short-interest ratio is currently 0.2 days.

Telstra Group Stock Down 0.2 %

OTCMKTS:TLGPY opened at $12.68 on Friday. The company has a 50 day moving average price of $12.80 and a 200-day moving average price of $12.89. Telstra Group has a 1-year low of $11.19 and a 1-year 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.