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

Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 86,100 shares, a growth of 123.1% from the December 31st total of 38,600 shares. Based on an average daily volume of 247,200 shares, the short-interest ratio is currently 0.3 days.

Intesa Sanpaolo Price Performance

Shares of OTCMKTS ISNPY traded up $0.08 during midday trading on Wednesday, hitting $26.50. 155,622 shares of the stock traded hands, compared to its average volume of 164,668. Intesa Sanpaolo has a one year low of $17.93 and a one year high of $26.96. The firm has a 50-day moving average of $24.40 and a two-hundred day moving average of $24.58.

Intesa Sanpaolo (OTCMKTS:ISNPY) last posted its earnings results on Wednesday, November 27th. The financial services provider reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.12. On average, equities analysts predict that Intesa Sanpaolo will post 2.9 earnings per share for the current year.

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; private and commercial banking, corporate and transaction banking, structured finance, investment banking, public finance, and capital markets; industrial credit, leasing, and factoring; asset management; life and non-life insurance and pension products; asset and wealth management; private investments; and bancassurance products.