Poste Italiane S.p.A. (OTCMKTS:PITAF) Short Interest Update

Poste Italiane S.p.A. (OTCMKTS:PITAF) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 5,726,800 shares, a growth of 29.4% from the March 31st total of 4,424,800 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is currently 4,090.6 days.

Poste Italiane Price Performance

OTCMKTS:PITAF remained flat at $13.00 during trading hours on Monday. Poste Italiane has a fifty-two week low of $9.80 and a fifty-two week high of $13.70. The firm’s fifty day simple moving average is $11.51 and its 200-day simple moving average is $11.34.

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.