Telstra Group Limited (OTCMKTS:TLGPY) Short Interest Down 34.2% in January

Telstra Group Limited (OTCMKTS:TLGPY) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 17,500 shares, a drop of 34.2% from the December 31st total of 26,600 shares. Based on an average trading volume of 190,800 shares, the short-interest ratio is currently 0.1 days.

Telstra Group Stock Up 0.1 %

Telstra Group stock traded up $0.01 during midday trading on Thursday, hitting $12.50. 44,714 shares of the stock were exchanged, compared to its average volume of 74,909. Telstra Group has a 52-week low of $11.19 and a 52-week high of $13.90. The business’s 50-day moving average price is $12.70 and its 200-day moving average price is $12.96.

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.