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

Telefónica, S.A. (OTCMKTS:TEFOFGet Free Report) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 3,661,400 shares, a growth of 35.6% from the May 15th total of 2,699,800 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 7,322.8 days.

Telefónica Stock Performance

Telefónica stock remained flat at $4.83 during midday trading on Friday. The company’s stock had a trading volume of 100,033 shares, compared to its average volume of 34,199. Telefónica has a 12 month low of $3.56 and a 12 month high of $5.05. The company’s fifty day simple moving average is $4.44 and its 200 day simple moving average is $4.22.

Telefónica Company Profile

(Get Free Report)

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.

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