Telstra Group Limited (OTCMKTS:TLGPY) Short Interest Up 700.0% in April

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

Telstra Group Stock Down 0.5 %

Shares of TLGPY stock traded down $0.06 during midday trading on Friday, reaching $11.80. 55,644 shares of the stock were exchanged, compared to its average volume of 26,113. Telstra Group has a 1 year low of $11.43 and a 1 year high of $14.97. The company’s 50 day moving average is $12.32 and its two-hundred day moving average is $12.59.

Telstra Group Cuts Dividend

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

Telstra Group Company Profile

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.