Telecom Italia S.P.A. (OTCMKTS:TIAIY) Short Interest Up 150.0% in September

Key Points

• Telecom Italia S.P.A. experienced a significant increase in short interest of 150.0% in September, rising from 200 shares to a total of 500 shares.
• The company's stock reached $6.59 during trading, marking its 52-week high, with an average daily volume of 1,000 shares.
• Telecom Italia operates in fixed and mobile telecommunications services, managing various segments including Domestic, Brazil, and Other Operations.

Telecom Italia S.P.A. (OTCMKTS:TIAIY - ) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 500 shares, an increase of 150.0% from the September 15th total of 200 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 0.5 days.

Telecom Italia Stock Performance

Shares of Telecom Italia stock traded up $0.10 during trading on Friday, reaching $6.59. 20,572 shares of the stock traded hands, compared to its average volume of 795. The business has a fifty day simple moving average of $5.84 and a two-hundred day simple moving average of $5.11. The company has a current ratio of 0.82, a quick ratio of 0.80 and a debt-to-equity ratio of 0.62. Telecom Italia has a 52-week low of $2.64 and a 52-week high of $6.59.

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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