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

Telefónica, S.A. (OTCMKTS:TEFOF) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 2,639,300 shares, an increase of 19.3% from the December 31st total of 2,212,700 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 4,398.8 days.

Telefónica Price Performance

TEFOF stock opened at $4.27 on Monday. Telefónica has a one year low of $3.67 and a one year high of $5.13. The company’s 50 day moving average price is $4.25 and its two-hundred day moving average price is $4.53.

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.