Poste Italiane S.p.A. (OTCMKTS:PITAF) Sees Significant Growth in Short Interest

Poste Italiane S.p.A. (OTCMKTS:PITAF) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 6,111,400 shares, a growth of 16.7% from the February 13th total of 5,235,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 61,114.0 days.

Poste Italiane Price Performance

Shares of OTCMKTS:PITAF opened at $17.81 on Friday. The company’s 50 day simple moving average is $14.82 and its 200 day simple moving average is $14.14. Poste Italiane has a 1 year low of $13.45 and a 1 year high of $17.81.

About Poste Italiane

Poste Italiane S.p.A. provides postal, logistics, and financial and insurance products and services in Italy. It operates in four segments: Mail, Parcels and Distribution; PostePay Services; Financial Services; and Insurance Services. The Mail, Parcels and Distribution segment offers mail, parcel, and logistics management services, as well as engages in the activities of the distribution network.