Telstra Group Limited (OTCMKTS:TLGPY) Short Interest Up 3,421.4% in November

Telstra Group Limited (OTCMKTS:TLGPY) saw a significant growth in short interest in November. As of November 30th, there was short interest totalling 49,300 shares, a growth of 3,421.4% from the November 15th total of 1,400 shares. Based on an average daily volume of 123,200 shares, the short-interest ratio is presently 0.4 days.

Telstra Group Stock Performance

Telstra Group stock traded up $0.01 during midday trading on Friday, reaching $13.07. 64,611 shares of the stock traded hands, compared to its average volume of 42,922. Telstra Group has a 12-month low of $11.19 and a 12-month high of $13.90. The company has a 50-day simple moving average of $12.91 and a two-hundred day simple moving average of $12.81.

Telstra Group Company Profile

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.