Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF) Sees Significant Drop in Short Interest

Intesa Sanpaolo S.p.A. (OTCMKTS:IITSFGet Free Report) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 78,241,100 shares, a decline of 23.3% from the December 15th total of 101,971,100 shares. Based on an average trading volume of 4,800 shares, the days-to-cover ratio is presently 16,300.2 days.

Intesa Sanpaolo Stock Performance

Shares of OTCMKTS:IITSF opened at $4.24 on Friday. The business has a fifty day moving average of $4.02 and a 200-day moving average of $4.05. Intesa Sanpaolo has a twelve month low of $2.97 and a twelve month high of $4.41.

Intesa Sanpaolo Company Profile

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Intesa Sanpaolo S.p.A. provides various financial products and services primarily in Italy. It operates through six segments Banca dei Territori, IMI Corporate & Investment Banking, International Subsidiary Banks, Asset Management, Private Banking, and Insurance. The company offers lending and deposit products; corporate, investment banking, and public finance services; industrial credit, factoring, and leasing services; asset management solutions; life and non-life insurance products; and bancassurance and pension fund, and fiduciary services.

Further Reading

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