Short Interest in Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF) Increases By 13.1%

Intesa Sanpaolo S.p.A. (OTCMKTS:IITSF) was the target of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 64,751,700 shares, a growth of 13.1% from the May 15th total of 57,235,900 shares. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is presently 11,991.1 days.

Intesa Sanpaolo Price Performance

Shares of IITSF stock remained flat at $3.69 during trading hours on Friday. The firm has a 50-day moving average price of $3.77 and a 200 day moving average price of $3.36. Intesa Sanpaolo has a 1 year low of $2.46 and a 1 year high of $4.18.

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.