Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF) Short Interest Down 23.3% in January

Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 78,241,100 shares, a decrease of 23.3% from the December 31st total of 101,971,100 shares. Based on an average daily volume of 4,800 shares, the days-to-cover ratio is presently 16,300.2 days.

Intesa Sanpaolo Stock Performance

OTCMKTS IITSF traded up $0.03 on Wednesday, hitting $4.35. The stock had a trading volume of 2,020 shares, compared to its average volume of 12,152. Intesa Sanpaolo has a 52-week low of $2.99 and a 52-week high of $4.43. The firm has a 50-day moving average of $4.08 and a 200-day moving average of $4.08.

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.