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Telus Shares Plunge 1.52% Amid Short Interest Surge
Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 9, 2025 8:33 pm ET1min read
Telus (TU) shares rose by 1.81% today, marking a significant intraday decline of 1.52% and reaching its lowest level since January 2025.
Morgan Stanley recently adjusted its price target for
, lowering it from C$22 to C$21 while maintaining an Equal Weight rating. This adjustment could influence investor sentiment and affect the stock's movement.Telus is scheduled to go ex-dividend on March 11, 2025. This event can impact stock prices as investors adjust their positions to be eligible for the dividend.
Telus has seen a notable increase in short sale volume, with the total short volume ratio reaching 39.93%. This elevated short interest may indicate bearish sentiment and contribute to the stock's price volatility.
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