Telstra Group Limited (OTCMKTS:TLGPY) Short Interest Update

Telstra Group Limited (OTCMKTS:TLGPY) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 12,114 shares, an increase of 134.6% from the June 15th total of 5,163 shares. Based on an average trading volume of 175,895 shares, the short-interest ratio is currently 0.1 days.

Telstra Group Trading Down 0.7%

Telstra Group stock opened at $17.27 on Thursday. The company’s 50 day moving average is $18.23 and its two-hundred day moving average is $18.00. Telstra Group has a 52-week low of $15.16 and a 52-week high of $19.96.

Telstra Group Company Profile

Telstra Group Limited (OTCMKTS:TLGPY) is Australia’s largest telecommunications and technology company, offering a broad portfolio of services that includes fixed‐line and mobile voice, broadband and data, Internet of Things (IoT) connectivity, and managed network solutions. The company operates one of the country’s most extensive mobile networks, providing 3G, 4G and 5G coverage to millions of consumers and businesses, alongside fixed and wireless broadband services for both urban and regional markets.

Headquartered in Melbourne, Telstra traces its heritage back to the Postmaster‐General’s Department in the early 20th century and was later corporatized as Telecom Australia in 1975 before adopting the Telstra brand in 1995.