Telstra Group Limited (OTCMKTS:TLGPY – Get Free Report) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 28,500 shares, a growth of 83.9% from the August 15th total of 15,500 shares. Based on an average daily trading volume, of 82,000 shares, the short-interest ratio is presently 0.3 days.
Telstra Group Stock Performance
Telstra Group stock opened at $13.40 on Friday. Telstra Group has a fifty-two week low of $11.19 and a fifty-two week high of $13.90. The firm’s fifty day moving average price is $13.08 and its 200-day moving average price is $12.40.
Telstra Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, October 3rd. Investors of record on Thursday, August 29th will be issued a dividend of $0.2778 per share. The ex-dividend date of this dividend is Thursday, August 29th. This is a positive change from Telstra Group’s previous dividend of $0.27.
About Telstra Group
Telstra Group Limited engages in the provision of telecommunications and information services to businesses, governments, and individuals in Australia and internationally. It operates through four segments: Telstra Consumer and Small Business, Telstra Enterprise, Networks and IT, and Telstra InfraCo The company offers telecommunication, media and technology products and services to consumer and 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 in Australia.
Further Reading
- Five stocks we like better than Telstra Group
- How to Invest in the FAANG Stocks
- Can Celsius Stock Rebound? Analysts See 74% Upside Potential
- Using the MarketBeat Stock Split Calculator
- Kroger Stock is a Win-Win for Buy-and-Hold Investors
- High Dividend REITs: Are They an Ideal Way to Diversify?
- MarketBeat Week in Review – 9/9 – 9/13
Receive News & Ratings for Telstra Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telstra Group and related companies with MarketBeat.com's FREE daily email newsletter.