Short Interest in Poste Italiane S.p.A. (OTCMKTS:PITAF) Rises By 16.7%

Poste Italiane S.p.A. (OTCMKTS:PITAF) was the recipient of a significant growth in short interest in 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 currently 61,114.0 days.

Poste Italiane Stock Performance

Shares of OTCMKTS PITAF opened at $17.81 on Thursday. Poste Italiane has a twelve month low of $13.45 and a twelve month high of $17.81. The company has a 50 day moving average of $14.75 and a 200 day moving average of $14.12.

Poste Italiane Company Profile

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.