BT Group plc (OTCMKTS:BTGOF – Get Free Report) saw a significant decrease in short interest in November. As of November 30th, there was short interest totalling 4,769,200 shares, a decrease of 21.6% from the November 15th total of 6,079,900 shares. Based on an average daily volume of 127,300 shares, the short-interest ratio is currently 37.5 days.
BT Group Trading Up 3.5 %
Shares of BTGOF stock traded up $0.06 on Friday, reaching $1.93. 2,000 shares of the stock were exchanged, compared to its average volume of 128,477. The stock has a 50 day moving average price of $1.89 and a 200 day moving average price of $1.83. BT Group has a one year low of $1.25 and a one year high of $2.06.
Wall Street Analysts Forecast Growth
Separately, Barclays lowered shares of BT Group from an “overweight” rating to an “equal weight” rating in a report on Tuesday.
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.
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