Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Short Interest Up 112.5% in August

by · The Markets Daily

Intesa Sanpaolo SpA (OTCMKTS:ISNPY – Get Free Report) saw a large growth in short interest in August. As of August 15th, there was short interest totaling 271,600 shares, agrowthof112.5% from the July 31st total of 127,800 shares. Based on an average daily volume of 288,200 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 288,200 shares, the short-interest ratio is presently 0.9 days.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Zacks Research cut Intesa Sanpaolo from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Morgan Stanley reaffirmed an “overweight” rating on shares of Intesa Sanpaolo in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Get Our Latest Stock Report on ISNPY

Intesa Sanpaolo Stock Performance

Intesa Sanpaolo stock opened at $37.42 on Friday. The stock has a 50-day simple moving average of $36.49 and a 200 day simple moving average of $33.30. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.69. Intesa Sanpaolo has a 12-month low of $22.32 and a 12-month high of $39.93. The stock has a market capitalization of $111.04 billion, a price-to-earnings ratio of 11.24, a P/E/G ratio of 1.31 and a beta of 1.07.

Intesa Sanpaolo Company Profile

(Get Free Report)

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; private and commercial banking, corporate and transaction banking, structured finance, investment banking, public finance, and capital markets; industrial credit, leasing, and factoring; asset management; life and non-life insurance and pension products; asset and wealth management; private investments; and bancassurance products.

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