Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Short Interest Up 160.8% in July

Intesa Sanpaolo SpA (OTCMKTS:ISNPY - Get Free Report) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 138,200 shares, anincreaseof160.8% from the June 30th total of 53,000 shares. Based on an average trading volume of 259,700 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 259,700 shares, the days-to-cover ratio is presently 0.5 days.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets downgraded Intesa Sanpaolo from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th.

Intesa Sanpaolo Stock Performance

OTCMKTS ISNPY opened at $34.86 on Monday. The company has a market cap of $103.44 billion, a P/E ratio of 10.83, a P/E/G ratio of 1.19 and a beta of 1.07. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.17 and a current ratio of 1.17. The business's 50 day moving average price is $34.32 and its 200-day moving average price is $31.40. Intesa Sanpaolo has a fifty-two week low of $21.99 and a fifty-two week high of $37.54.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) last released its earnings results on Monday, May 26th. The financial services provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. The firm had revenue of $7.70 billion for the quarter, compared to the consensus estimate of $6.87 billion. Intesa Sanpaolo had a return on equity of 13.15% and a net margin of 20.01%. Sell-side analysts predict that Intesa Sanpaolo will post 2.91 earnings per share for the current year.

Intesa Sanpaolo Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, June 2nd. Investors of record on Wednesday, May 21st were issued a dividend of $0.8413 per share. This represents a yield of 481.0%. The ex-dividend date was Tuesday, May 20th. This is an increase from Intesa Sanpaolo's previous dividend of $0.41. Intesa Sanpaolo's dividend payout ratio (DPR) is presently 52.17%.

Intesa Sanpaolo Company Profile

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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