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

Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUF) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 6,346,400 shares, a decrease of 19.1% from the January 31st total of 7,842,100 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 12,692.8 days.

Infrastrutture Wireless Italiane Price Performance

IFSUF stock remained flat at $9.80 during trading hours on Thursday. 67 shares of the company’s stock were exchanged, compared to its average volume of 449. The company’s fifty day moving average is $10.24 and its 200-day moving average is $10.87. Infrastrutture Wireless Italiane has a 12-month low of $9.58 and a 12-month high of $10.96.

About Infrastrutture Wireless Italiane

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.