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

Intesa Sanpaolo SpA (OTCMKTS:ISNPY - Get Free Report) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 138,200 shares, agrowthof160.8% from the June 30th total of 53,000 shares. Based on an average daily trading volume, of 259,700 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 259,700 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

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

Intesa Sanpaolo Trading Up 1.2%

Shares of OTCMKTS:ISNPY traded up $0.42 during trading on Thursday, reaching $36.79. 281,392 shares of the company were exchanged, compared to its average volume of 186,115. The firm has a market capitalization of $109.17 billion, a PE ratio of 11.43, a P/E/G ratio of 1.25 and a beta of 1.07. The business's fifty day simple moving average is $34.51 and its 200-day simple moving average is $31.54. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.17 and a quick ratio of 1.17. Intesa Sanpaolo has a 12-month low of $22.32 and a 12-month high of $37.54.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) last announced its quarterly earnings results on Monday, May 26th. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.06. The firm had revenue of $7.70 billion during 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%. On average, research analysts anticipate that Intesa Sanpaolo will post 2.91 EPS for the current year.

Intesa Sanpaolo Increases Dividend

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

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; 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.