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

Telecom Italia S.p.A. (OTCMKTS:TIIAY) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 15,800 shares, a growth of 27.4% from the March 31st total of 12,400 shares. Based on an average daily volume of 33,600 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

TIIAY has been the topic of a number of research analyst reports. Hsbc Global Res upgraded Telecom Italia from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 10th. BNP Paribas raised shares of Telecom Italia from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 10th.

Telecom Italia Price Performance

TIIAY opened at $3.96 on Friday. Telecom Italia has a one year low of $2.19 and a one year high of $3.98. The company has a fifty day moving average price of $3.27 and a 200-day moving average price of $2.82. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.82 and a current ratio of 0.85.

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.