Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY) Short Interest Down 74.7% in July

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 trading volume, of 188,000 shares, the days-to-cover ratio is presently 0.1 days.

Intesa Sanpaolo Price Performance

Shares of ISNPY traded up $0.20 during midday trading on Friday, hitting $24.25. The stock had a trading volume of 198,696 shares, compared to its average volume of 91,980. The stock’s 50 day moving average is $23.13 and its 200 day moving average is $21.41. The firm has a market cap of $73.89 billion, a PE ratio of 9.58, a price-to-earnings-growth ratio of 1.02 and a beta of 1.20. Intesa Sanpaolo has a 1 year low of $14.84 and a 1 year high of $24.75.

Intesa Sanpaolo (OTCMKTS:ISNPY) last announced its quarterly earnings data on Friday, May 3rd. The financial services provider reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.04. The firm had revenue of $6.92 billion during the quarter. As a group, equities research analysts expect 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.