Poste Italiane S.p.A. (OTCMKTS:PITAF) Short Interest Up 27.5% in March

Poste Italiane S.p.A. (OTCMKTS:PITAF) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 4,424,800 shares, a growth of 27.5% from the March 15th total of 3,470,000 shares. Based on an average daily volume of 500 shares, the short-interest ratio is currently 8,849.6 days.

Poste Italiane Trading Down 2.6 %

Shares of PITAF opened at $13.00 on Monday. Poste Italiane has a 52-week low of $9.80 and a 52-week high of $13.70. The company has a 50-day simple moving average of $10.84 and a 200-day simple moving average of $11.19.

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; Payments and Mobile; Financial Services; and Insurance Services. The Mail, Parcels and Distribution segment offers mail and parcel services, as well as engages in the activities of the distribution network.