Short Interest in Poste Italiane S.p.A. (OTCMKTS:PITAF) Decreases By 27.4%

Poste Italiane S.p.A. (OTCMKTS:PITAF) saw 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 short-interest ratio is currently 44,345.0 days.

Poste Italiane Stock Performance

Shares of OTCMKTS PITAF remained flat at $17.81 during trading on Tuesday. The business’s 50-day simple moving average is $15.27 and its 200 day simple moving average is $14.37. Poste Italiane has a 1 year low of $13.45 and a 1 year high of $17.81.

Poste Italiane Company Profile

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.