Short Interest in Telefónica, S.A. (OTCMKTS:TEFOF) Increases By 29.5%

Telefónica, S.A. (OTCMKTS:TEFOF) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 4,409,300 shares, an increase of 29.5% from the February 13th total of 3,405,500 shares. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is currently 1,837.2 days.

Telefónica Stock Down 7.1 %

Shares of Telefónica stock opened at $4.60 on Wednesday. The company has a 50-day moving average of $4.31 and a two-hundred day moving average of $4.51. Telefónica has a 12-month low of $3.75 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.