BT Group plc (OTCMKTS:BTGOF) Sees Large Increase in Short Interest

BT Group plc (OTCMKTS:BTGOF) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 5,111,000 shares, a growth of 5.4% from the September 15th total of 4,851,300 shares. Based on an average daily trading volume, of 101,400 shares, the days-to-cover ratio is presently 50.4 days.

BT Group Trading Up 2.4 %

BTGOF stock opened at $1.95 on Thursday. The firm has a 50 day moving average of $1.86 and a 200-day moving average of $1.69. BT Group has a 12-month low of $1.25 and a 12-month high of $2.01.

About BT Group

BT Group plc provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Consumer, Enterprise, Global, and Openreach segments. The company builds, owns, and operates fixed and mobile networks; and designs, builds, markets, sells, and supports network access, connectivity, and related solutions.