Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF) Sees Large Growth in Short Interest

Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 85,600,200 shares, an increase of 8.2% from the August 31st total of 79,122,200 shares. Based on an average daily volume of 7,200 shares, the short-interest ratio is currently 11,888.9 days.

Intesa Sanpaolo Stock Up 1.8 %

OTCMKTS:IITSF opened at $4.28 on Wednesday. Intesa Sanpaolo has a 12 month low of $2.46 and a 12 month high of $4.29. The company has a 50 day simple moving average of $4.02 and a two-hundred day simple moving average of $3.84.

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.