Telefnica's biggest bear reduced its attack just before the result

With two days left before the publication of Telefónica's results, the telecom company received some respite with the reported withdrawal of short positions by the largest bearish firm in terms of value, Marshall Wace.

Telefónica prices face the publication of its results for the first nine months of the year, scheduled for next Thursday, with less downward pressure. Companies that have the largest short positions in value, Marshall Wace,