Telstra Group Limited (OTCMKTS:TLGPY – Get Free Report) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 17,955 shares, a decline of 48.2% from the August 15th total of 34,646 shares. Based on an average daily trading volume, of 173,631 shares, the short-interest ratio is currently 0.1 days.
Telstra Group Stock Performance
Shares of TLGPY opened at $17.32 on Thursday. The firm’s 50-day moving average is $17.22 and its two-hundred day moving average is $18.09. Telstra Group has a twelve month low of $15.33 and a twelve month high of $19.96.
About Telstra Group
Telstra Group Limited (OTCMKTS:TLGPY) is Australia’s largest telecommunications and technology company, offering a broad portfolio of services that includes fixed?line and mobile voice, broadband and data, Internet of Things (IoT) connectivity, and managed network solutions. The company operates one of the country’s most extensive mobile networks, providing 3G, 4G and 5G coverage to millions of consumers and businesses, alongside fixed and wireless broadband services for both urban and regional markets.
Headquartered in Melbourne, Telstra traces its heritage back to the Postmaster?General’s Department in the early 20th century and was later corporatized as Telecom Australia in 1975 before adopting the Telstra brand in 1995.
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