Snam S.p.A. (OTCMKTS:SNMRY) Sees Significant Decline in Short Interest

Snam S.p.A. (OTCMKTS:SNMRY) was the target of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 2,300 shares, a decline of 67.6% from the March 31st total of 7,100 shares. Based on an average daily volume of 144,800 shares, the short-interest ratio is currently 0.0 days.

Snam Stock Down 1.0 %

SNMRY traded down $0.10 during midday trading on Thursday, hitting $9.14. The company’s stock had a trading volume of 129,566 shares, compared to its average volume of 95,503. Snam has a 52-week low of $8.86 and a 52-week high of $11.20. The firm has a 50-day moving average price of $9.38 and a two-hundred day moving average price of $9.65.

About Snam

Snam S.p.A., together with its subsidiaries, engages in the operation of natural gas transport and storage infrastructure in Italy. The company operates through Transportation, Storage, Regasification, Energy Transition, and other segments. It provides natural gas transportation and dispatching services; and owns and manages LNG regasification plants.