BT Group plc (OTCMKTS:BTGOF – Get Free Report) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 6,749,800 shares, a growth of 26.4% from the December 31st total of 5,340,000 shares. Based on an average daily volume of 58,500 shares, the short-interest ratio is currently 115.4 days.
BT Group Stock Performance
Shares of OTCMKTS BTGOF opened at $1.79 on Monday. BT Group has a 12-month low of $1.25 and a 12-month high of $2.06. The firm has a 50 day moving average of $1.83 and a 200 day moving average of $1.83.
Analyst Ratings Changes
Separately, Barclays cut BT Group from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, December 10th.
BT Group Company Profile
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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