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

Poste Italiane S.p.A. (OTCMKTS:PITAF) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 4,434,500 shares, a decrease of 27.4% from the February 28th total of 6,111,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 44,345.0 days.

Poste Italiane Stock Performance

Shares of Poste Italiane stock remained flat at $17.81 during trading on Tuesday. The company has a 50 day moving average price of $15.27 and a two-hundred day moving average price of $14.37. Poste Italiane has a fifty-two week low of $13.45 and a fifty-two week high of $17.81.

About Poste Italiane

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.