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

Telecom Italia S.p.A. (OTCMKTS:TIIAY) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 26,400 shares, a decrease of 20.5% from the January 15th total of 33,200 shares. Based on an average daily volume of 15,400 shares, the short-interest ratio is currently 1.7 days.

Telecom Italia Price Performance

TIIAY opened at $3.07 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.69. The firm has a fifty day moving average price of $2.64 and a 200 day moving average price of $2.56. Telecom Italia has a 1 year low of $2.19 and a 1 year high of $3.17.

Analyst Ratings Changes

Several brokerages recently issued reports on TIIAY. Hsbc Global Res raised shares of Telecom Italia from a “hold” rating to a “strong-buy” rating in a report on Monday. Barclays upgraded Telecom Italia from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, December 10th.

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.