Telstra Group Limited (OTCMKTS:TLGPY – Get Free Report) saw a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 4,470 shares, a drop of 71.1% from the October 15th total of 15,454 shares. Based on an average daily volume of 111,872 shares, the days-to-cover ratio is currently 0.0 days.
Telstra Group Stock Up 0.3%
Shares of TLGPY traded up $0.05 during midday trading on Friday, reaching $17.44. The stock had a trading volume of 37,386 shares, compared to its average volume of 69,923. Telstra Group has a 52 week low of $15.65 and a 52 week high of $19.96. The firm’s 50 day moving average price is $17.03 and its 200-day moving average price is $17.81.
About Telstra Group
Telstra Group is an Australian telecommunications and technology company that provides mobile, fixed-line, broadband and data services. Its offerings also include network solutions, cloud and cybersecurity services, and communications products for businesses and government customers. The company serves consumers and organizations across Australia through its Telstra brand. Its international business provides connectivity and technology services to enterprise and wholesale customers in markets beyond Australia.
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