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

Telstra Group Limited (OTCMKTS:TLGPY – Get Free Report) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 65,513 shares, an increase of 264.9% from the August 31st total of 17,955 shares. Based on an average trading volume of 161,158 shares, the short-interest ratio is currently 0.4 days.

Telstra Group Price Performance

TLGPY opened at $16.78 on Monday. The company’s 50 day simple moving average is $17.19 and its 200-day simple moving average is $18.03. Telstra Group has a one year low of $15.33 and a one year high of $19.96.

Telstra Group Company Profile

(Get Free Report)

Telstra Group Limited is an Australian telecommunications and technology company headquartered in Melbourne. Through its consumer and business operations, the company provides mobile communications, broadband internet, fixed-line voice, data connectivity and digital services.

Telstra also serves enterprise, government and wholesale customers with managed network services, cloud solutions, cybersecurity, collaboration tools, Internet of Things services and other technology support. Its infrastructure includes mobile and fixed networks, data centers, subsea cables and other communications assets.

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