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

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

Telstra Group Stock Performance

Shares of OTCMKTS TLGPY opened at $11.80 on Friday. Telstra Group has a 52-week low of $11.43 and a 52-week high of $14.97. The firm has a 50 day moving average price of $12.32 and a 200 day moving average price of $12.59.

Telstra Group Cuts Dividend

The firm also recently disclosed 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.