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

Telefónica, S.A. (OTCMKTS:TEFOFGet Free Report) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 2,639,300 shares, a growth of 19.3% from the December 31st total of 2,212,700 shares. Based on an average trading volume of 600 shares, the short-interest ratio is presently 4,398.8 days.

Telefónica Stock Performance

OTCMKTS TEFOF opened at $4.27 on Monday. The firm has a 50-day moving average of $4.25 and a 200-day moving average of $4.53. Telefónica has a 52-week low of $3.67 and a 52-week high of $5.13.

About Telefónica

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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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