Telecom Italia S.p.A. (OTCMKTS:TIIAY) Short Interest Update

Telecom Italia S.p.A. (OTCMKTS:TIIAY) was the target of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 13,100 shares, a decline of 20.6% from the October 15th total of 16,500 shares. Based on an average daily volume of 14,000 shares, the short-interest ratio is currently 0.9 days.

Telecom Italia Stock Performance

TIIAY stock remained flat at $2.40 during mid-day trading on Friday. The company’s stock had a trading volume of 9,266 shares, compared to its average volume of 10,215. Telecom Italia has a fifty-two week low of $2.19 and a fifty-two week high of $3.34. The company has a fifty day simple moving average of $2.58 and a 200 day simple moving average of $2.51.

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.