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

Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF) saw a significant drop in short interest in 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 days-to-cover ratio is currently 3,625.6 days.

Intesa Sanpaolo Stock Performance

IITSF stock opened at $3.81 on Tuesday. Intesa Sanpaolo has a 52 week low of $2.82 and a 52 week high of $4.41. The company’s 50-day simple moving average is $4.13 and its 200 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.