Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF) Sees Significant Decrease in Short Interest

Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 98,979,400 shares, a drop of 10.5% from the October 31st total of 110,537,900 shares. Based on an average daily trading volume, of 27,300 shares, the short-interest ratio is currently 3,625.6 days.

Intesa Sanpaolo Price Performance

IITSF traded up $0.13 during trading on Monday, reaching $3.81. 700 shares of the stock traded hands, compared to its average volume of 18,124. Intesa Sanpaolo has a fifty-two week low of $2.82 and a fifty-two week high of $4.41. The stock’s 50-day simple moving average is $4.14 and its two-hundred day simple moving average is $3.99.

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.