Telstra Group Limited (OTCMKTS:TLGPY) Short Interest Down 34.2% in January

Telstra Group Limited (OTCMKTS:TLGPY) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 17,500 shares, a drop of 34.2% from the December 31st total of 26,600 shares. Based on an average daily volume of 190,800 shares, the days-to-cover ratio is presently 0.1 days.

Telstra Group Stock Up 0.1 %

Shares of TLGPY stock traded up $0.01 on Friday, reaching $12.50. 44,714 shares of the company were exchanged, compared to its average volume of 74,909. Telstra Group has a 1 year low of $11.19 and a 1 year high of $13.90. The business has a 50-day moving average price of $12.70 and a 200 day moving average price of $12.95.

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.