Short Interest in Telstra Group Limited (OTCMKTS:TLGPY) Decreases By 29.8%

Telstra Group Limited (OTCMKTS:TLGPY) was the recipient of a significant drop in short interest in May. As of May 31st, there was short interest totalling 21,000 shares, a drop of 29.8% from the May 15th total of 29,900 shares. Based on an average daily trading volume, of 47,400 shares, the days-to-cover ratio is presently 0.4 days.

Telstra Group Trading Up 0.7%

Shares of Telstra Group stock opened at $15.96 on Thursday. Telstra Group has a one year low of $11.55 and a one year high of $16.10. The business’s 50 day moving average price is $15.00 and its 200 day moving average price is $13.58.

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.