Prysmian S.p.A. (OTCMKTS:PRYMY) Sees Large Increase in Short Interest

Prysmian S.p.A. (OTCMKTS:PRYMY) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 36,400 shares, a growth of 160.0% from the February 13th total of 14,000 shares. Based on an average daily volume of 216,600 shares, the days-to-cover ratio is currently 0.2 days.

Prysmian Stock Up 3.6 %

OTCMKTS:PRYMY opened at $30.96 on Friday. Prysmian has a 1 year low of $25.57 and a 1 year high of $38.06. The stock has a 50-day simple moving average of $33.29 and a 200-day simple moving average of $33.87.

About Prysmian

Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells power and telecom cables and systems, and related accessories under the Prysmian, Draka, and General Cable brands worldwide. It operates through four segments: Renewable Transmission, Power Grid, Electrification, and Digital Solutions.