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

Telecom Italia S.p.A. (OTCMKTS:TIAIY) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 300 shares, a drop of 76.9% from the May 31st total of 1,300 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 1.0 days.

Telecom Italia Price Performance

Shares of OTCMKTS TIAIY remained flat at $2.46 during mid-day trading on Friday. The company had a trading volume of 76 shares, compared to its average volume of 116. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.70 and a quick ratio of 0.68. The business’s fifty day moving average is $2.68 and its 200 day moving average is $2.82. Telecom Italia has a 52-week low of $2.29 and a 52-week high of $3.37.

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.