Telecom Italia S.p.A. (OTCMKTS:TIIAY) Short Interest Update

Telecom Italia S.p.A. (OTCMKTS:TIIAY) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 33,200 shares, a growth of 140.6% from the December 31st total of 13,800 shares. Based on an average daily volume of 26,300 shares, the short-interest ratio is currently 1.3 days.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded Telecom Italia from an “equal weight” rating to an “overweight” rating in a report on Tuesday, December 10th.

Telecom Italia Price Performance

Telecom Italia stock traded down $0.05 during midday trading on Friday, hitting $2.68. 5,677 shares of the stock were exchanged, compared to its average volume of 8,859. The company has a fifty day simple moving average of $2.55 and a two-hundred day simple moving average of $2.53. The company has a quick ratio of 0.82, a current ratio of 0.85 and a debt-to-equity ratio of 0.69. Telecom Italia has a 52 week low of $2.19 and a 52 week high of $3.09.

About Telecom Italia

Telecom Italia S.p.A., together with its subsidiaries, engages in the provision of fixed and mobile telecommunications services in Italy and internationally. The company operates through Domestic, Brazil, and Other Operations segments. It offers fixed and mobile voice and Internet, and public telephony services, as well as products managed and developed for individuals and families; and voice, data, and Internet services and products, and information and communications technology solutions for top, public sector and large account customers.