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

Telecom Italia S.p.A. (OTCMKTS:TIAIY) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,400 shares, a growth of 1,300.0% from the February 28th total of 100 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.0% of the company’s shares are short sold.

Telecom Italia Price Performance

OTCMKTS:TIAIY remained flat at $3.41 during mid-day trading on Wednesday. The company had a trading volume of 7 shares, compared to its average volume of 1,285. The firm’s 50-day moving average is $3.22 and its 200 day moving average is $3.04. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.85 and a quick ratio of 0.82. Telecom Italia has a 52 week low of $2.29 and a 52 week high of $3.51.

About Telecom Italia

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.