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 significant growth in short interest during the month of 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. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 512,100 shares, the short-interest ratio is currently 0.1 days.

Intesa Sanpaolo Stock Down 1.6 %

Shares of ISNPY stock traded down $0.52 during trading hours on Friday, reaching $31.37. The stock had a trading volume of 142,109 shares, compared to its average volume of 176,194. The firm has a 50-day simple moving average of $28.87 and a 200-day simple moving average of $26.16. Intesa Sanpaolo has a twelve month low of $20.71 and a twelve month high of $32.62.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Kepler Capital Markets raised Intesa Sanpaolo to a “hold” rating in a report on Monday. BNP Paribas upgraded Intesa Sanpaolo from a “hold” rating to a “strong-buy” rating in a research report on Wednesday.

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.