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Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY) Sees Significant Increase in Short Interest

Intesa Sanpaolo logo with Finance background

Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY - Get Free Report) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 47,900 shares, a growth of 217.2% from the January 15th total of 15,100 shares. Based on an average daily volume of 325,800 shares, the days-to-cover ratio is currently 0.1 days.

Intesa Sanpaolo Trading Up 1.2 %

OTCMKTS ISNPY traded up $0.32 on Friday, reaching $27.73. The company had a trading volume of 115,207 shares, compared to its average volume of 146,165. The company's fifty day moving average is $25.32 and its 200 day moving average is $24.83. Intesa Sanpaolo has a 52-week low of $18.12 and a 52-week high of $27.92.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) last released its quarterly earnings results on Wednesday, November 27th. The financial services provider reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.12. On average, analysts predict that Intesa Sanpaolo will post 2.9 EPS for the current fiscal year.

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; 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.

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