Telstra Group Limited (OTCMKTS:TLGPY) Short Interest Up 1,119.6% in June

Telstra Group Limited (OTCMKTS:TLGPY) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 68,300 shares, an increase of 1,119.6% from the June 15th total of 5,600 shares. Based on an average daily trading volume, of 231,100 shares, the days-to-cover ratio is currently 0.3 days.

Telstra Group Stock Up 0.6 %

Telstra Group stock traded up $0.08 during mid-day trading on Thursday, reaching $13.10. 55,920 shares of the company traded hands, compared to its average volume of 44,921. Telstra Group has a 52-week low of $11.19 and a 52-week high of $14.65. The firm’s 50 day moving average price is $11.92 and its 200 day moving average price is $12.37.

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.