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

Intesa Sanpaolo S.p.A. (OTCMKTS:IITSFGet Free Report) saw a large growth in short interest in 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 daily volume of 5,400 shares, the days-to-cover ratio is presently 11,991.1 days.

Intesa Sanpaolo Price Performance

Shares of Intesa Sanpaolo stock remained flat at $3.69 on Friday. The business’s 50-day moving average price is $3.77 and its two-hundred day moving average price is $3.36. Intesa Sanpaolo has a 12 month low of $2.46 and a 12 month high of $4.18.

About Intesa Sanpaolo

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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.

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