Telstra Group Limited (OTCMKTS:TLGPY) Short Interest Up 2,700.0% in June

Telstra Group Limited (OTCMKTS:TLGPY) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 5,600 shares, a growth of 2,700.0% from the May 31st total of 200 shares. Based on an average daily volume of 141,500 shares, the short-interest ratio is presently 0.0 days.

Telstra Group Price Performance

OTCMKTS:TLGPY remained flat at $12.16 on Friday. 79,095 shares of the company’s stock were exchanged, compared to its average volume of 43,150. The business has a 50-day simple moving average of $11.82 and a two-hundred day simple moving average of $12.41. Telstra Group has a one year low of $11.19 and a one year high of $14.83.

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.