Snam S.p.A. (OTCMKTS:SNMRY) Short Interest Update

Snam S.p.A. (OTCMKTS:SNMRY) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 19,200 shares, an increase of 104.3% from the June 15th total of 9,400 shares. Based on an average daily volume of 297,600 shares, the days-to-cover ratio is currently 0.1 days.

Snam Price Performance

OTCMKTS SNMRY opened at $9.34 on Friday. The business’s 50-day moving average price is $9.34 and its 200 day moving average price is $9.52. Snam has a 52-week low of $8.76 and a 52-week high of $10.77.

About Snam

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