Short Interest in Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUF) Rises By 24.9%

Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUF) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 7,648,200 shares, an increase of 24.9% from the April 30th total of 6,124,600 shares. Based on an average daily trading volume, of 4,600 shares, the short-interest ratio is presently 1,662.7 days.

Infrastrutture Wireless Italiane Price Performance

IFSUF traded up $0.60 during midday trading on Tuesday, reaching $12.10. 373 shares of the company were exchanged, compared to its average volume of 1,327. Infrastrutture Wireless Italiane has a one year low of $9.58 and a one year high of $12.20. The stock’s 50-day simple moving average is $11.33 and its 200 day simple moving average is $10.67.

About Infrastrutture Wireless Italiane

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.