Telecom Italia S.p.A. (OTCMKTS:TIAIY) Short Interest Down 50.0% in May

Telecom Italia S.p.A. (OTCMKTS:TIAIY - Get Free Report) was the recipient of a large decrease in short interest in May. As of May 31st, there was short interest totalling 700 shares, a decrease of 50.0% from the May 15th total of 1,400 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 4,700 shares, the short-interest ratio is currently 0.1 days.

Telecom Italia Stock Performance

TIAIY stock opened at $4.85 on Friday. The stock has a 50-day moving average price of $4.42 and a two-hundred day moving average price of $3.61. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.69. Telecom Italia has a 1 year low of $2.46 and a 1 year high of $4.88.

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.

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