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

Telefónica, S.A. (OTCMKTS:TEFOF) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 2,041,500 shares, a decline of 16.9% from the November 30th total of 2,456,500 shares. Based on an average daily volume of 18,500 shares, the days-to-cover ratio is currently 110.4 days.

Telefónica Price Performance

Telefónica stock opened at $4.15 on Monday. Telefónica has a 52-week low of $3.67 and a 52-week high of $5.13. The company has a fifty day simple moving average of $4.58 and a 200-day simple moving average of $4.60.

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.