Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF – Get Free Report) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 112,357,971 shares, an increase of 51.0% from the July 30th total of 74,405,753 shares. Based on an average daily volume of 1,623 shares, the days-to-cover ratio is presently 69,228.6 days.
Intesa Sanpaolo Stock Performance
OTCMKTS:IITSF opened at $7.66 on Wednesday. Intesa Sanpaolo has a 52 week low of $5.75 and a 52 week high of $8.09. The stock’s fifty day moving average is $7.45 and its two-hundred day moving average is $6.89.
Intesa Sanpaolo Company Profile
Intesa Sanpaolo S.p.A. is an Italian banking group that provides a wide range of financial products and services to retail, corporate and institutional clients. Its main activities include traditional retail banking, corporate lending, wealth management, asset management and insurance solutions. The group operates through a network of branches, digital channels and specialized subsidiaries to serve the banking, investment and insurance needs of individuals and businesses.
The origins of Intesa Sanpaolo date back to the early 19th century through predecessor institutions such as Banca Commerciale Italiana and Istituto Bancario San Paolo di Torino.
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