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

Telefónica, S.A. (OTCMKTS:TEFOF) saw a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 2,338,900 shares, an increase of 28.5% from the July 31st total of 1,819,700 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is currently 3,341.3 days.

Telefónica Price Performance

Shares of OTCMKTS:TEFOF opened at $4.52 on Friday. The firm’s 50 day simple moving average is $4.48 and its 200-day simple moving average is $4.39. Telefónica has a one year low of $3.56 and a one year high of $5.05.

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.