Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUF) Sees Large Drop in Short Interest

Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUF) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 6,346,400 shares, a drop of 19.1% from the January 31st total of 7,842,100 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 12,692.8 days.

Infrastrutture Wireless Italiane Price Performance

Shares of OTCMKTS IFSUF remained flat at $9.80 during mid-day trading on Tuesday. Infrastrutture Wireless Italiane has a 52-week low of $9.58 and a 52-week high of $10.96. The company’s 50-day simple moving average is $10.23 and its two-hundred day simple moving average is $10.89.

Infrastrutture Wireless Italiane Company Profile

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.