Telecom Italia S.p.A. (OTCMKTS:TIAOF) Sees Significant Increase in Short Interest

Telecom Italia S.p.A. (OTCMKTS:TIAOFGet Free Report) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 540,281,200 shares, an increase of 23.9% from the February 29th total of 436,185,000 shares. Based on an average daily trading volume, of 4,200 shares, the days-to-cover ratio is currently 128,638.4 days.

Telecom Italia Stock Performance

Shares of TIAOF opened at $0.24 on Friday. The stock has a fifty day moving average price of $0.28 and a 200 day moving average price of $0.29. Telecom Italia has a 12 month low of $0.23 and a 12 month high of $0.36.

Telecom Italia Company Profile

(Get Free Report)

Telecom Italia S.p.A., together with its subsidiaries, engages in the provision of fixed and mobile telecommunications services in Italy and internationally. The company operates through Domestic, Brazil, and Other Operations segments. It offers fixed and mobile voice and Internet, and public telephony services, as well as products managed and developed for individuals and families; and voice, data, and Internet services and products, and information and communications technology solutions for small and medium-size enterprises, small offices/home offices, the public sector, large accounts, and enterprises in the fixed and mobile telecommunications markets.

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