Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY) Sees Large Growth in Short Interest

Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 26,000 shares, a growth of 504.7% from the March 31st total of 4,300 shares. Based on an average trading volume of 457,300 shares, the short-interest ratio is currently 0.1 days.

Intesa Sanpaolo Price Performance

Shares of OTCMKTS ISNPY traded up $0.25 during mid-day trading on Friday, hitting $22.76. The company had a trading volume of 85,352 shares, compared to its average volume of 261,359. The stock has a market cap of $69.35 billion, a price-to-earnings ratio of 8.97, a PEG ratio of 1.04 and a beta of 1.27. Intesa Sanpaolo has a 12 month low of $13.64 and a 12 month high of $22.78. The firm’s 50 day simple moving average is $20.89 and its two-hundred day simple moving average is $18.49.

About Intesa Sanpaolo

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.