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

Telecom Italia S.p.A. (OTCMKTS:TIAIY) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,400 shares, an increase of 1,300.0% from the February 28th total of 100 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 1.1 days.

Telecom Italia Trading Up 10.3 %

Telecom Italia stock opened at $3.76 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.85 and a debt-to-equity ratio of 0.69. Telecom Italia has a 12-month low of $2.36 and a 12-month high of $3.76. The firm’s fifty day moving average price is $3.24 and its 200 day moving average price is $3.05.

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.