Short Interest in Poste Italiane S.p.A. (OTCMKTS:PITAF) Expands By 29.4%

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

Poste Italiane Price Performance

PITAF stock remained flat at $13.00 during mid-day trading on Tuesday. The business’s fifty day moving average is $11.51 and its 200 day moving average is $11.34. Poste Italiane has a 12-month low of $9.80 and a 12-month high of $13.70.

About Poste Italiane

(Get Free Report)

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.

See Also

Receive News & Ratings for Poste Italiane Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Poste Italiane and related companies with MarketBeat.com's FREE daily email newsletter.