Short Interest in Intesa Sanpaolo SpA (OTCMKTS:IITSF) Increases By 38.2%

Intesa Sanpaolo SpA (OTCMKTS:IITSF) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 43,019,500 shares, a growth of 38.2% from the August 31st total of 31,117,300 shares. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is presently 11,626.9 days.

Shares of IITSF stock traded down $0.02 on Thursday, hitting $1.85. The stock had a trading volume of 2,462 shares, compared to its average volume of 70,348. The stock’s 50 day moving average is $2.07 and its 200-day moving average is $1.84. Intesa Sanpaolo has a 52-week low of $1.40 and a 52-week high of $2.81.

Intesa Sanpaolo Company Profile

Intesa Sanpaolo S.p.A. provides various banking products and services. It operates through Banca dei Territori, Corporate and Investment Banking, International Subsidiary Banks, Asset Management, Private Banking, and Insurance segments. 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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