Short Interest in Snam S.p.A. (OTCMKTS:SNMRY) Declines By 67.6%

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

Snam Trading Down 1.0 %

SNMRY traded down $0.10 during trading hours on Friday, hitting $9.14. The stock had a trading volume of 129,566 shares, compared to its average volume of 95,503. Snam has a 1 year low of $8.86 and a 1 year high of $11.20. The company’s fifty day simple moving average is $9.37 and its 200 day simple moving average is $9.64.

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.