Telstra Group Limited (OTCMKTS:TLGPY) Short Interest Up 148.0% in January

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

Telstra Group Trading Down 1.8 %

TLGPY stock traded down $0.23 during midday trading on Friday, reaching $12.28. 49,957 shares of the company’s stock traded hands, compared to its average volume of 73,753. The company has a 50-day simple moving average of $12.69 and a two-hundred day simple moving average of $12.95. Telstra Group has a 1-year low of $11.19 and a 1-year 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.