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

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

Intesa Sanpaolo Stock Performance

Shares of OTCMKTS IITSF opened at $4.24 on Thursday. Intesa Sanpaolo has a 1-year low of $2.97 and a 1-year high of $4.41. The business has a fifty day moving average price of $4.02 and a 200 day moving average price of $4.05.

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.