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

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

Poste Italiane Price Performance

Shares of OTCMKTS PITAF remained flat at $17.81 during midday trading on Monday. Poste Italiane has a 52 week low of $13.45 and a 52 week high of $17.81. The company’s 50-day simple moving average is $15.21 and its two-hundred day simple moving average is $14.34.

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.