Telstra Group Limited (OTCMKTS:TLGPY) Stock Short Interest Declines 71.9%

Telstra Group Limited (OTCMKTS:TLGPY – Get Free Report) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 15,454 shares, a decrease of 71.9% from the September 30th total of 55,024 shares. Based on an average trading volume of 175,264 shares, the days-to-cover ratio is currently 0.1 days.

Telstra Group Stock Down 1.0%

OTCMKTS TLGPY opened at $17.14 on Wednesday. Telstra Group has a twelve month low of $15.33 and a twelve month high of $19.96. The stock has a 50-day moving average of $16.87 and a 200 day moving average of $17.74.

About Telstra Group

(Get Free Report)

Telstra Group Limited is an Australian telecommunications and technology company headquartered in Melbourne. Through its operating businesses, the company provides mobile communications, fixed-line and broadband services, voice and data connectivity, and related digital services to consumers, businesses, government organizations and wholesale customers.

Telstra also supplies enterprise technology solutions, including cloud and networking services, cybersecurity, unified communications, managed information technology and Internet of Things connectivity.

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