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

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

Intesa Sanpaolo Stock Performance

OTCMKTS:IITSF traded up $0.13 during trading hours on Monday, reaching $3.81. 700 shares of the company were exchanged, compared to its average volume of 18,124. Intesa Sanpaolo has a 52-week low of $2.82 and a 52-week high of $4.41. The stock has a 50 day simple moving average of $4.14 and a 200 day simple moving average of $3.99.

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.