Telecom Italia S.p.A. (OTCMKTS:TIIAY) Short Interest Update

Telecom Italia S.p.A. (OTCMKTS:TIIAY - Get Free Report) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 12,900 shares, a decrease of 61.6% from the November 30th total of 33,600 shares. Based on an average trading volume of 36,700 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded shares of Telecom Italia from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, December 10th.

Telecom Italia Trading Up 3.5 %

OTCMKTS TIIAY traded up $0.09 during trading hours on Thursday, hitting $2.49. 18,926 shares of the company were exchanged, compared to its average volume of 36,716. Telecom Italia has a 52 week low of $2.19 and a 52 week high of $3.31. The stock has a 50-day moving average price of $2.47 and a 200 day moving average price of $2.50.

Telecom Italia Company Profile

Telecom Italia S.p.A., together with its subsidiaries, engages in the provision of fixed and mobile telecommunications services in Italy and internationally. The company operates through Domestic, Brazil, and Other Operations segments. It offers fixed and mobile voice and Internet, and public telephony services, as well as products managed and developed for individuals and families; and voice, data, and Internet services and products, and information and communications technology solutions for top, public sector and large account customers.