Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 112,357,971 shares, a growth of 51.0% from the July 30th total of 74,405,753 shares. Based on an average daily trading volume, of 1,623 shares, the short-interest ratio is currently 69,228.6 days.
Intesa Sanpaolo Stock Down 1.0%
Shares of Intesa Sanpaolo stock traded down $0.08 during trading hours on Tuesday, hitting $7.82. 110 shares of the company’s stock traded hands, compared to its average volume of 107,145. The stock has a 50 day simple moving average of $7.44 and a 200-day simple moving average of $6.88. Intesa Sanpaolo has a twelve month low of $5.75 and a twelve month high of $8.09.
About Intesa Sanpaolo
Intesa Sanpaolo S.p.A. is an Italian banking group that provides a wide range of financial products and services to retail, corporate and institutional clients. Its main activities include traditional retail banking, corporate lending, wealth management, asset management and insurance solutions. The group operates through a network of branches, digital channels and specialized subsidiaries to serve the banking, investment and insurance needs of individuals and businesses.
The origins of Intesa Sanpaolo date back to the early 19th century through predecessor institutions such as Banca Commerciale Italiana and Istituto Bancario San Paolo di Torino.
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