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

Telstra Group Limited (OTCMKTS:TLGPY) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totalling 29,100 shares, a decline of 20.1% from the July 15th total of 36,400 shares. Based on an average trading volume of 51,900 shares, the days-to-cover ratio is currently 0.6 days.

Telstra Group Stock Up 3.4 %

Shares of Telstra Group stock traded up $0.44 on Thursday, reaching $13.30. 46,457 shares of the company were exchanged, compared to its average volume of 43,164. Telstra Group has a fifty-two week low of $11.19 and a fifty-two week high of $13.98. The stock has a fifty day moving average price of $12.47 and a 200-day moving average price of $12.32.

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.