Telstra Group Limited (OTCMKTS:TLGPY) Short interest rose 57.9% in September

Telstra Group Limited (OTCMKTS:TLGPY – Get a Free Report ) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 45,000 shares, an increase of 57.9% from its August 31st total of 28,500 shares. Based on an average daily trading volume of 55,400 shares, the days-to-cover ratio is currently 0.8 days.

Telstra Group trading down 1.2%

Shares of TLGPY traded down $0.16 during midday trading on Thursday, hitting $13.41. The company’s stock had a trading volume of 21,166 shares, compared to its average volume of 43,097. Telstra Group has a one year low of $11.19 and a one year high of $13.90. The company has a fifty day simple moving average of $13.17 and a two hundred day simple moving average of $12.47.

Telstra Group increases dividend

The business also recently declared a dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Thursday, August 29th will be paid a $0.2778 dividend. This is an increase from Telstra Group’s previous dividend of $0.27. The ex-dividend date of this dividend is Thursday, August 29.

Telstra Group Company Profile

(Get a free report)

Telstra Group Limited is committed to providing telecommunications and information services to businesses, governments and individuals in Australia and around the world. It operates through four segments: Telstra Consumer and Small Business, Telstra Enterprise, Networks and IT and Telstra InfraCo. The company provides telecommunications, media and technology products and services to consumer and business customers that use mobile and fixed network technologies and operate calls. centres, retail stores, a dealer network, digital channels, distribution systems and the Telstra Plus customer loyalty program in Australia.

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