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

Telecom Italia S.p.A. (OTCMKTS:TIAIY) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 300 shares, a drop of 76.9% from the May 31st total of 1,300 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 1.0 days.

Telecom Italia Price Performance

Shares of OTCMKTS TIAIY remained flat at $2.46 during midday trading on Friday. 76 shares of the stock were exchanged, compared to its average volume of 116. Telecom Italia has a twelve month low of $2.29 and a twelve month high of $3.37. The firm has a fifty day moving average price of $2.68 and a 200-day moving average price of $2.82. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.70 and a quick ratio of 0.68.

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.