Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY) Short Interest Up 443.0% in August

Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY) was the target of a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 85,800 shares, a growth of 443.0% from the July 31st total of 15,800 shares. Based on an average trading volume of 258,200 shares, the days-to-cover ratio is presently 0.3 days.

Intesa Sanpaolo Stock Performance

OTCMKTS:ISNPY opened at $24.72 on Thursday. The stock has a market cap of $75.31 billion, a PE ratio of 9.62, a P/E/G ratio of 0.86 and a beta of 1.20. Intesa Sanpaolo has a one year low of $14.84 and a one year high of $24.94. The stock has a 50 day moving average price of $23.41 and a 200 day moving average price of $22.26.

Intesa Sanpaolo (OTCMKTS:ISNPY) last issued its quarterly earnings data on Monday, August 12th. The financial services provider reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.01. The business had revenue of $9.82 billion during the quarter, compared to analysts’ expectations of $7.22 billion. As a group, analysts predict that Intesa Sanpaolo will post 3.05 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.