Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY) Short Interest Up 277.6% in March

Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 58,900 shares, a growth of 277.6% from the February 28th total of 15,600 shares. Based on an average trading volume of 512,100 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Intesa Sanpaolo Stock Performance

ISNPY traded down $0.50 during trading on Thursday, hitting $31.68. 200,545 shares of the company’s stock traded hands, compared to its average volume of 175,743. Intesa Sanpaolo has a 12-month low of $20.71 and a 12-month high of $32.62. The company’s 50 day simple moving average is $28.74 and its two-hundred day simple moving average is $26.12.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets raised shares of Intesa Sanpaolo to a “hold” rating in a research note on Monday.

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; private and commercial banking, corporate and transaction banking, structured finance, investment banking, public finance, and capital markets; industrial credit, leasing, and factoring; asset management; life and non-life insurance and pension products; asset and wealth management; private investments; and bancassurance products.