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

Poste Italiane S.p.A. (OTCMKTS:PITAF) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 4,823,100 shares, an increase of 20.8% from the September 30th total of 3,993,200 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 16,077.0 days.

Poste Italiane Price Performance

OTCMKTS:PITAF remained flat at $13.45 during trading hours on Wednesday. Poste Italiane has a 1-year low of $13.45 and a 1-year high of $13.45. The company has a 50 day simple moving average of $13.47 and a two-hundred day simple moving average of $13.43.

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.