Telefónica, S.A. (OTCMKTS:TEFOF) Short Interest Up 29.5% in February

Telefónica, S.A. (OTCMKTS:TEFOF) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 4,409,300 shares, an increase of 29.5% from the February 13th total of 3,405,500 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is presently 1,837.2 days.

Telefónica Stock Performance

Telefónica stock opened at $4.95 on Tuesday. The business has a 50-day simple moving average of $4.30 and a two-hundred day simple moving average of $4.51. Telefónica has a 52-week low of $3.75 and a 52-week 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.