Telecom Italia S.p.A. (OTCMKTS:TIIAY) Short Interest Up 31.0% in October

Telecom Italia S.p.A. (OTCMKTS:TIIAY) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 16,500 shares, a growth of 31.0% from the September 30th total of 12,600 shares. Based on an average daily trading volume, of 12,900 shares, the short-interest ratio is presently 1.3 days.

Telecom Italia Stock Performance

OTCMKTS TIIAY traded up $0.02 on Tuesday, reaching $2.55. 3,885 shares of the company were exchanged, compared to its average volume of 40,567. The business’s fifty day moving average price is $2.62 and its 200 day moving average price is $2.50. Telecom Italia has a fifty-two week low of $2.21 and a fifty-two week high of $3.34.

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.