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

Telefónica, S.A. (OTCMKTS:TEFOF) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 3,043,300 shares, an increase of 40.5% from the October 31st total of 2,166,400 shares. Based on an average daily trading volume, of 73,500 shares, the short-interest ratio is currently 41.4 days.

Telefónica Stock Down 5.8 %

Shares of OTCMKTS TEFOF opened at $4.41 on Friday. The business’s 50 day moving average is $4.77 and its two-hundred day moving average is $4.62. Telefónica has a 12 month low of $3.67 and a 12 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.