Telefónica, S.A. (OTCMKTS:TEFOF) Sees Large Drop in Short Interest

Telefónica, S.A. (OTCMKTS:TEFOF) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 2,041,500 shares, a decrease of 16.9% from the November 30th total of 2,456,500 shares. Based on an average daily volume of 18,500 shares, the short-interest ratio is presently 110.4 days.

Telefónica Stock Performance

OTCMKTS TEFOF opened at $4.15 on Friday. The firm’s fifty day moving average is $4.58 and its two-hundred day moving average is $4.60. Telefónica has a one year low of $3.67 and a one year high of $5.13.

About Telefónica

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.