Telstra Group Limited (OTCMKTS:TLGPY) Short Interest Up 3,421.4% in November

Telstra Group Limited (OTCMKTS:TLGPY) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 49,300 shares, an increase of 3,421.4% from the November 15th total of 1,400 shares. Based on an average trading volume of 123,200 shares, the days-to-cover ratio is currently 0.4 days.

Telstra Group Stock Down 1.1 %

Telstra Group stock traded down $0.14 during midday trading on Wednesday, hitting $13.06. 30,645 shares of the stock were exchanged, compared to its average volume of 42,835. Telstra Group has a 52 week low of $11.19 and a 52 week high of $13.90. The company has a fifty day simple moving average of $12.93 and a two-hundred day simple moving average of $12.81.

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.