Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUF) Sees Significant Growth in Short Interest

Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUF) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 7,547,700 shares, a growth of 19.6% from the March 15th total of 6,311,300 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 18,869.3 days.

Infrastrutture Wireless Italiane Stock Performance

IFSUF opened at $11.85 on Wednesday. The firm’s 50-day moving average price is $10.12 and its 200-day moving average price is $10.58. Infrastrutture Wireless Italiane has a 52-week low of $9.58 and a 52-week high of $11.85.

Infrastrutture Wireless Italiane Company Profile

Infrastrutture Wireless Italiane S.p.A. operates in the electronic communications infrastructure sector in Italy. The company builds and manages digital and shared infrastructures, which houses the radio transmission equipment of mobile, FWA, and IoT telecom operators; provides pylons for antennas, cables, and dishes; spaces for equipment; and technological systems for power supply and air conditioning systems for developing wireless networks, sensors, IoT, and VDS.