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

Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 17,100 shares, a decline of 74.7% from the June 30th total of 67,500 shares. Based on an average daily volume of 188,000 shares, the days-to-cover ratio is currently 0.1 days.

Intesa Sanpaolo Price Performance

Shares of OTCMKTS:ISNPY traded up $0.20 on Friday, reaching $24.25. The company’s stock had a trading volume of 198,696 shares, compared to its average volume of 91,980. Intesa Sanpaolo has a 52-week low of $14.84 and a 52-week high of $24.75. The stock’s 50-day moving average is $23.13 and its two-hundred day moving average is $21.41. The stock has a market capitalization of $73.89 billion, a P/E ratio of 9.58, a PEG ratio of 1.02 and a beta of 1.20.

Intesa Sanpaolo (OTCMKTS:ISNPY) last posted its quarterly earnings data on Friday, May 3rd. The financial services provider reported $0.85 EPS for the quarter, beating the consensus estimate of $0.81 by $0.04. The company had revenue of $6.92 billion for the quarter. Equities analysts forecast that Intesa Sanpaolo will post 3.04 earnings per share for the current fiscal year.

About Intesa Sanpaolo

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.