Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF) Short Interest Update

Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF – Get Rating) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 21,412,300 shares, an increase of 43.0% from the March 15th total of 14,969,800 shares. Based on an average daily trading volume, of 58,300 shares, the days-to-cover ratio is presently 367.3 days.

Shares of IITSF stock traded up $0.07 during trading hours on Friday, reaching $2.15. The company’s stock had a trading volume of 11,000 shares, compared to its average volume of 39,961. Intesa Sanpaolo has a one year low of $2.05 and a one year high of $3.33. The firm’s fifty day simple moving average is $2.51 and its 200 day simple moving average is $2.67.

About Intesa Sanpaolo (Get Rating)

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.

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