Telstra Group Limited (OTCMKTS:TLGPY) Short Interest Update

Telstra Group Limited (OTCMKTS:TLGPY) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 26,600 shares, a decline of 46.0% from the November 30th total of 49,300 shares. Based on an average trading volume of 125,900 shares, the short-interest ratio is presently 0.2 days.

Telstra Group Price Performance

Shares of TLGPY traded down $0.12 during mid-day trading on Friday, hitting $12.59. 132,177 shares of the company’s stock were exchanged, compared to its average volume of 45,210. Telstra Group has a 52 week low of $11.19 and a 52 week high of $13.90. The company has a 50-day simple moving average of $12.79 and a 200 day simple moving average of $12.90.

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.