Telstra Group Limited (OTCMKTS:TLGPY – Get Free Report) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totalling 15,100 shares, a decrease of 75.7% from the March 15th total of 62,100 shares. Based on an average daily trading volume, of 125,700 shares, the short-interest ratio is presently 0.1 days.
Telstra Group Stock Down 0.1 %
Shares of TLGPY stock opened at $14.06 on Tuesday. The stock’s fifty day simple moving average is $13.07 and its 200 day simple moving average is $12.89. Telstra Group has a one year low of $11.19 and a one year high of $14.32.
Telstra Group Increases Dividend
The company also recently announced a dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, March 7th were paid a $0.3018 dividend. The ex-dividend date was Friday, March 7th. This is an increase from Telstra Group’s previous dividend of $0.28.
Telstra Group Company Profile
Telstra Group Limited engages in the provision of telecommunications and information services to businesses, government, and individuals in Australia and internationally. It operates through six segments: Telstra Consumer; Telstra Business; Telstra Enterprise Australia; Telstra International; Networks, IT and Products; and Telstra InfraCo The company offers telecommunication and technology products and services to consumer and small and medium 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.
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