Telecom Italia S.p.A. (OTCMKTS:TIAIY) Short Interest Down 85.7% in March

Telecom Italia S.p.A. (OTCMKTS:TIAIY - Get Free Report) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 100 shares, a decrease of 85.7% from the March 15th total of 700 shares. Based on an average daily trading volume, of 4,300 shares, the short-interest ratio is presently 0.0 days.

Telecom Italia Stock Performance

Shares of TIAIY remained flat at $2.48 on Wednesday. 3,926 shares of the company traded hands, compared to its average volume of 3,662. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.68 and a current ratio of 0.70. The firm has a 50-day moving average price of $2.73 and a 200 day moving average price of $2.90. Telecom Italia has a fifty-two week low of $2.29 and a fifty-two week high of $3.37.

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.