Short-term interest rises 612.6% in Ita Corpbanca (NYSE:ITCB) –


Ita Corpbanca (NYSE:ITCB) saw a sharp rise in short-term interest in September. There were 113,300 shares totaling short interest as of September 15, an increase of 612.6% from the total of 15,900 shares as of August 31. As a result, the average daily trading volume of 17,700 shares is now covered in 6.4 days.

Recently, institutional investors have changed the percentage of the company they own. Ita Corpbanca increased its stake in Veriti Management LLC by 4.0% during the second quarter. Veriti Management LLC now owns 89,592 shares worth $254,000, up 3,479 from three months ago. For $217,000 in the fourth quarter, CSS LLC IL purchased a new stake in Ita Corpbanca. Allianz Asset Management GmbH increased its stake in Ita Corpbanca by 90.0% in the fourth quarter. Allianz Asset Management GmbH now owns 48,523 shares in the bank valued at $141,000 after acquiring an additional 22,983 shares in the past three months. Last but not least, during the first quarter, Northern Trust Corp paid $40,000 to buy a new position in Ita Corpbanca. Institutional investors and hedge funds own 0.15% of the company’s shares.
StockNews.com began covering Ita Corpbanca shares on Monday, June 6. They called the action “retained”.
NYSE Shares: ITCB rose $0.01 on Tuesday to close at $2.80. The number of shares traded increased from 24,203 to 7,239 shares. The company’s 50- and 200-day moving averages are $3.20 and $3.19, respectively. The company’s market cap is $956.46 million, its PE ratio is 3.73, and its beta is 0.99. The company’s quick, current and leverage ratios are all 1.60. Ita Corpbanca’s 52-week low is $2.50 and its 52-week high is $4.05.

Small and medium businesses, individuals and consumers in Chile and Colombia can take advantage of Ita Corpbanca’s institutional, retail and wholesale banking services. Checking and savings accounts are among the services offered by the organization, along with international and Chilean peso loans, trade finance, consumer and general commercial loans, working capital loans, installment loans for individuals, mortgages, and lines and letters of credit. . It also offers checking and savings accounts, bank drafts, certificates of deposit, demand and term deposits, foreign and local currency loans, and Chilean peso loans.

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