Short Interest in Telstra Group Limited (OTCMKTS:TLGPY) Drops By 81.6%

Telstra Group Limited (OTCMKTS:TLGPY) was the recipient of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 1,400 shares, a decline of 81.6% from the October 31st total of 7,600 shares. Based on an average daily volume of 90,900 shares, the days-to-cover ratio is presently 0.0 days.

Telstra Group Stock Performance

OTCMKTS:TLGPY traded up $0.25 during trading hours on Wednesday, reaching $12.98. The stock had a trading volume of 54,614 shares, compared to its average volume of 42,352. Telstra Group has a 52 week low of $11.19 and a 52 week high of $13.90. The company has a 50 day moving average price of $13.03 and a two-hundred day moving average price of $12.73.

Telstra Group Company Profile

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.