Saipem SpA (OTCMKTS:SAPMF – Get Free Report) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totalling 9,706,500 shares, a drop of 16.2% from the June 15th total of 11,582,400 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 32,355.0 days.
Saipem Stock Performance
SAPMF opened at $2.45 on Monday. The stock’s 50 day simple moving average is $2.36 and its 200 day simple moving average is $2.08. Saipem has a 1 year low of $1.31 and a 1 year high of $2.58.
Saipem Company Profile
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