Telstra Group Limited (OTCMKTS:TLGPY) Short Interest Update

Telstra Group Limited (OTCMKTS:TLGPY) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 1,600 shares, an increase of 700.0% from the March 31st total of 200 shares. Based on an average trading volume of 51,600 shares, the days-to-cover ratio is currently 0.0 days.

Telstra Group Stock Up 0.4 %

OTCMKTS TLGPY traded up $0.04 during trading hours on Friday, hitting $11.84. The company had a trading volume of 35,313 shares, compared to its average volume of 26,333. Telstra Group has a 52 week low of $11.43 and a 52 week high of $14.97. The firm has a 50 day simple moving average of $12.30 and a 200 day simple moving average of $12.59.

Telstra Group Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, February 29th were paid a $0.2727 dividend. The ex-dividend date was Wednesday, February 28th.

About Telstra Group

Telstra Group Limited engages in the provision of telecommunications and information services to businesses, governments, and individuals in Australia and internationally. It operates through four segments: Telstra Consumer and Small Business, Telstra Enterprise, Networks and IT, and Telstra InfraCo The company offers telecommunication, media and technology products and services to consumer and 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 in Australia.