Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Stock Short Interest Report for October

Intesa Sanpaolo SpA (OTCMKTS:ISNPY) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 96,122 shares, a decrease of 40.3% from the September 30th total of 160,990 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 395,068 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Intesa Sanpaolo in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Intesa Sanpaolo has a consensus rating of “Moderate Buy”.

Intesa Sanpaolo Trading Up 0.6%

OTCMKTS ISNPY opened at $39.82 on Tuesday. The business has a fifty day simple moving average of $44.10 and a 200 day simple moving average of $41.89. Intesa Sanpaolo has a 12 month low of $34.06 and a 12 month high of $48.42. The firm has a market capitalization of $117.35 billion, a P/E ratio of 10.31 and a beta of 0.81.

Intesa Sanpaolo Company Profile

Intesa Sanpaolo S.p.A. is an Italian banking group headquartered in Turin, Italy, and one of the country’s major financial institutions. The group was created in 2007 through the merger of Banca Intesa and Sanpaolo IMI, combining their banking, wealth management and corporate finance operations.

Intesa Sanpaolo provides retail and commercial banking services, including current accounts, lending, mortgages, payment services and savings products. Its other activities include corporate and investment banking, private banking, asset management, insurance and wealth management.