Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF) Short Interest Up 19.6% in June

Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 77,472,700 shares, an increase of 19.6% from the May 31st total of 64,751,700 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is currently 48,420.4 days.

Intesa Sanpaolo Price Performance

Shares of OTCMKTS IITSF traded down $0.08 during midday trading on Tuesday, hitting $3.72. 3,654 shares of the company’s stock traded hands, compared to its average volume of 25,442. Intesa Sanpaolo has a 1 year low of $2.46 and a 1 year high of $4.18. The firm has a fifty day moving average of $3.81 and a 200 day moving average of $3.43.

Intesa Sanpaolo Company Profile

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.