Telefónica, S.A. (OTCMKTS:TEFOF) Short Interest Up 40.5% in November

Telefónica, S.A. (OTCMKTS:TEFOF) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 3,043,300 shares, an increase of 40.5% from the October 31st total of 2,166,400 shares. Based on an average trading volume of 73,500 shares, the days-to-cover ratio is currently 41.4 days.

Telefónica Price Performance

TEFOF remained flat at $4.41 during trading on Friday. The company had a trading volume of 722 shares, compared to its average volume of 16,987. The firm’s 50 day moving average is $4.77 and its 200-day moving average is $4.62. Telefónica has a 1-year low of $3.67 and a 1-year high of $5.13.

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.