Telecom Italia S.p.A. (OTCMKTS:TIAIY) Sees Significant Increase in Short Interest

Telecom Italia S.p.A. (OTCMKTS:TIAIY - Get Free Report) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 1,800 shares, an increase of 800.0% from the March 31st total of 200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 2,600 shares, the short-interest ratio is currently 0.7 days.

Telecom Italia Price Performance

OTCMKTS:TIAIY remained flat at $4.41 during trading hours on Thursday. The business has a fifty day moving average price of $3.63 and a 200-day moving average price of $3.21. The company has a quick ratio of 0.82, a current ratio of 0.85 and a debt-to-equity ratio of 0.69. Telecom Italia has a fifty-two week low of $2.39 and a fifty-two week high of $4.41.

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.