Short Interest in Telstra Group Limited (OTCMKTS:TLGPY) Expands By 148.0%

Telstra Group Limited (OTCMKTS:TLGPY) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 43,400 shares, a growth of 148.0% from the December 31st total of 17,500 shares. Based on an average daily volume of 162,400 shares, the short-interest ratio is currently 0.3 days.

Telstra Group Price Performance

Shares of TLGPY stock traded down $0.23 on Friday, hitting $12.28. The stock had a trading volume of 49,957 shares, compared to its average volume of 73,753. The stock’s 50 day moving average is $12.69 and its 200-day moving average is $12.95. Telstra Group has a 52-week low of $11.19 and a 52-week high of $13.90.

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.