Short Interest in Telstra Group Limited (OTCMKTS:TLGPY) Expands By 3,421.4%

Telstra Group Limited (OTCMKTS:TLGPY) was the recipient of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 49,300 shares, a growth of 3,421.4% from the November 15th total of 1,400 shares. Based on an average daily volume of 123,200 shares, the days-to-cover ratio is presently 0.4 days.

Telstra Group Stock Performance

Telstra Group stock traded down $0.14 during trading on Thursday, hitting $13.06. The company’s stock had a trading volume of 30,645 shares, compared to its average volume of 42,835. The stock’s fifty day moving average is $12.92 and its 200 day moving average is $12.81. Telstra Group has a 1-year low of $11.19 and a 1-year high of $13.90.

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.