Telefónica, S.A. (OTCMKTS:TEFOF) Sees Significant Decrease in Short Interest

Telefónica, S.A. (OTCMKTS:TEFOF) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 1,923,700 shares, a decline of 13.3% from the August 31st total of 2,217,900 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is currently 3,847.4 days.

Telefónica Price Performance

Telefónica stock opened at $4.77 on Friday. The firm has a fifty day simple moving average of $4.63 and a two-hundred day simple moving average of $4.49. Telefónica has a twelve month low of $3.56 and a twelve month high of $5.13.

Telefónica Company Profile

Telefónica, SA, together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, such as mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.