Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUF) Sees Significant Increase in Short Interest

Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUFGet Free Report) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 8,237,200 shares, an increase of 22.7% from the December 31st total of 6,714,400 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 41,186.0 days.

Infrastrutture Wireless Italiane Stock Performance

Shares of IFSUF opened at $10.96 on Friday. Infrastrutture Wireless Italiane has a fifty-two week low of $9.58 and a fifty-two week high of $10.96. The firm’s 50-day simple moving average is $10.51 and its two-hundred day simple moving average is $11.00.

About Infrastrutture Wireless Italiane

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Infrastrutture Wireless Italiane S.p.A. operates in the electronic communications infrastructure sector in Italy. The company builds and manages digital and shared infrastructures, which houses the radio transmission equipment of mobile, FWA, and IoT telecom operators; provides pylons for antennas, cables, and dishes; spaces for equipment; and technological systems for power supply and air conditioning systems for developing wireless networks, sensors, IoT, and VDS.

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