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

Telstra Group Limited (OTCMKTS:TLGPY) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 17,500 shares, a decrease of 34.2% from the December 15th total of 26,600 shares. Based on an average daily volume of 190,800 shares, the short-interest ratio is currently 0.1 days.

Telstra Group Stock Up 1.0 %

OTCMKTS:TLGPY traded up $0.13 during trading hours on Wednesday, hitting $12.75. 44,114 shares of the company were exchanged, compared to its average volume of 83,346. Telstra Group has a one year low of $11.19 and a one year high of $13.90. The company has a fifty day simple moving average of $12.75 and a 200 day simple moving average of $12.97.

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.