Telecom Italia S.p.A. (OTCMKTS:TIAIY) Short Interest Up 1,300.0% in March

Telecom Italia S.p.A. (OTCMKTS:TIAIY) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,400 shares, an increase of 1,300.0% from the February 28th total of 100 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,300 shares, the short-interest ratio is presently 1.1 days.

Telecom Italia Stock Performance

OTCMKTS:TIAIY remained flat at $3.41 during mid-day trading on Thursday. The company’s stock had a trading volume of 51 shares, compared to its average volume of 1,285. The company has a fifty day moving average price of $3.23 and a two-hundred day moving average price of $3.05. Telecom Italia has a 1 year low of $2.29 and a 1 year high of $3.51. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.69.

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.