Telstra Group Limited (OTCMKTS:TLGPY) Short Interest Update

Telstra Group Limited (OTCMKTS:TLGPY) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 22,583 shares, an increase of 86.4% from the June 30th total of 12,114 shares. Based on an average trading volume of 182,006 shares, the short-interest ratio is presently 0.1 days.

Telstra Group Stock Up 1.0%

Shares of TLGPY opened at $17.67 on Thursday. Telstra Group has a 1 year low of $15.16 and a 1 year high of $19.96. The company has a 50 day simple moving average of $17.85 and a two-hundred day simple moving average of $18.08.

About Telstra Group

Telstra Group Limited (OTCMKTS:TLGPY) is Australia’s largest telecommunications and technology company, offering a broad portfolio of services that includes fixed‐line and mobile voice, broadband and data, Internet of Things (IoT) connectivity, and managed network solutions. The company operates one of the country’s most extensive mobile networks, providing 3G, 4G and 5G coverage to millions of consumers and businesses, alongside fixed and wireless broadband services for both urban and regional markets.

Headquartered in Melbourne, Telstra traces its heritage back to the Postmaster‐General’s Department in the early 20th century and was later corporatized as Telecom Australia in 1975 before adopting the Telstra brand in 1995.