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

Telecom Italia S.p.A. (OTCMKTS:TIIAY) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 20,500 shares, a growth of 64.0% from the March 15th total of 12,500 shares. Based on an average trading volume of 75,300 shares, the days-to-cover ratio is presently 0.3 days.

Telecom Italia Stock Performance

TIIAY stock opened at $2.36 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.68 and a debt-to-equity ratio of 1.20. Telecom Italia has a fifty-two week low of $2.21 and a fifty-two week high of $3.48. The stock has a fifty day moving average of $2.64 and a 200-day moving average of $2.80.

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 small and medium-size enterprises, small offices/home offices, the public sector, large accounts, and enterprises in the fixed and mobile telecommunications markets.