Short Interest in Telefónica, S.A. (OTCMKTS:TEFOF) Decreases By 19.3%

Telefónica, S.A. (OTCMKTS:TEFOF) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 2,456,500 shares, a drop of 19.3% from the November 15th total of 3,043,300 shares. Based on an average trading volume of 8,000 shares, the days-to-cover ratio is presently 307.1 days.

Telefónica Trading Down 2.4 %

OTCMKTS:TEFOF opened at $4.66 on Monday. The company has a fifty day moving average of $4.68 and a 200 day moving average of $4.63. Telefónica has a 52 week low of $3.67 and a 52 week high of $5.13.

Telefónica Company Profile

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.