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


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

Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY - Get Free Report) was the target of a significant growth in short interest in 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 trading volume of 247,200 shares, the short-interest ratio is currently 0.3 days.

Shares of ISNPY stock traded up $0.08 during trading hours on Wednesday, hitting $26.50. 155,622 shares of the company's stock traded hands, compared to its average volume of 164,668. The stock's fifty day simple moving average is $24.40 and its two-hundred day simple moving average is $24.58. Intesa Sanpaolo has a 12-month low of $17.93 and a 12-month high of $26.96.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) last issued 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. Equities research analysts forecast that Intesa Sanpaolo will post 2.9 EPS for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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