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

Telefónica, S.A. (OTCMKTS:TEFOF) saw a large decrease in short interest during 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

Shares of TEFOF opened at $4.15 on Monday. Telefónica has a twelve month low of $3.67 and a twelve month high of $5.13. The firm’s fifty day simple moving average is $4.58 and its 200-day simple moving average is $4.60.

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.