Short Interest in Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY) Grows By 1,828.6%

Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 67,500 shares, a growth of 1,828.6% from the June 15th total of 3,500 shares. Based on an average daily volume of 357,000 shares, the short-interest ratio is currently 0.2 days.

Intesa Sanpaolo Stock Performance

Shares of OTCMKTS:ISNPY traded up $0.23 during trading on Thursday, hitting $23.30. The company’s stock had a trading volume of 82,353 shares, compared to its average volume of 203,874. The company has a market capitalization of $71.00 billion, a PE ratio of 9.24, a P/E/G ratio of 0.95 and a beta of 1.20. The business has a 50 day moving average price of $23.03 and a two-hundred day moving average price of $20.90. Intesa Sanpaolo has a fifty-two week low of $14.84 and a fifty-two week high of $24.75.

Intesa Sanpaolo (OTCMKTS:ISNPY) last posted its quarterly earnings results on Friday, May 3rd. The financial services provider reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.04. The business had revenue of $6.92 billion during the quarter. As a group, equities analysts expect that Intesa Sanpaolo will post 3.05 earnings per share for the current fiscal year.

Intesa Sanpaolo Company Profile

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; corporate, investment banking, and public finance services; industrial credit, factoring, and leasing services; asset management solutions; life and non-life insurance products; and bancassurance and pension fund, and fiduciary services.