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

Telstra Group Limited (OTCMKTS:TLGPY) was the target of a large increase in short interest during 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 trading volume, of 51,600 shares, the days-to-cover ratio is presently 0.0 days.

Telstra Group Stock Down 0.5 %

Shares of OTCMKTS:TLGPY traded down $0.06 during trading on Friday, hitting $11.80. 55,644 shares of the company were exchanged, compared to its average volume of 26,113. Telstra Group has a fifty-two week low of $11.43 and a fifty-two week high of $14.97. The firm has a fifty day moving average price of $12.32 and a two-hundred day moving average price of $12.59.

Telstra Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, February 29th were given 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.