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

Telecom Italia S.p.A. (OTCMKTS:TIIAY) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 13,100 shares, a decrease of 20.6% from the October 15th total of 16,500 shares. Based on an average daily trading volume, of 14,000 shares, the short-interest ratio is currently 0.9 days.

Telecom Italia Stock Performance

TIIAY stock opened at $2.40 on Friday. The firm has a 50 day moving average of $2.58 and a 200-day moving average of $2.51. Telecom Italia has a 12 month low of $2.19 and a 12 month high of $3.34.

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.