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

Telefónica, S.A. (OTCMKTS:TEFOF) was the recipient of 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 volume of 73,500 shares, the short-interest ratio is presently 41.4 days.

Telefónica Stock Performance

Shares of OTCMKTS TEFOF opened at $4.41 on Friday. Telefónica has a 1 year low of $3.67 and a 1 year high of $5.13. The company’s 50-day moving average is $4.77 and its 200 day moving average is $4.62.

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.