Telstra Group Limited (OTCMKTS:TLGPY) Short Interest Update

Telstra Group Limited (OTCMKTS:TLGPY) was the recipient of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 7,600 shares, a drop of 85.7% from the October 15th total of 53,100 shares. Based on an average daily trading volume, of 52,000 shares, the short-interest ratio is currently 0.1 days.

Telstra Group Stock Performance

TLGPY stock traded down $0.16 during trading on Wednesday, hitting $12.65. 40,863 shares of the company’s stock traded hands, compared to its average volume of 41,257. Telstra Group has a 1 year low of $11.19 and a 1 year high of $13.90. The business has a fifty day simple moving average of $13.17 and a two-hundred day simple moving average of $12.67.

Telstra Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, August 29th were given a $0.2778 dividend. The ex-dividend date of this dividend was Thursday, August 29th. This is an increase from Telstra Group’s previous dividend of $0.27.

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.