Short Interest in Telstra Group Limited (OTCMKTS:TLGPY) Expands By 4,800.0%

Telstra Group Limited (OTCMKTS:TLGPY) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 4,900 shares, a growth of 4,800.0% from the February 29th total of 100 shares. Based on an average daily trading volume, of 46,200 shares, the days-to-cover ratio is presently 0.1 days.

Telstra Group Stock Performance

Shares of OTCMKTS TLGPY opened at $12.54 on Friday. Telstra Group has a 52-week low of $11.82 and a 52-week high of $14.97. The firm has a 50 day moving average price of $12.68 and a two-hundred day moving average price of $12.61.

Telstra Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, April 4th. Stockholders of record on Thursday, February 29th will be paid a $0.2727 dividend. The ex-dividend date of this dividend is 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.