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

Snam S.p.A. (OTCMKTS:SNMRY – Get Rating) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totalling 67,600 shares, a decline of 29.8% from the March 31st total of 96,300 shares. Based on an average daily volume of 120,600 shares, the days-to-cover ratio is currently 0.6 days.

Shares of OTCMKTS:SNMRY opened at $10.91 on Friday. The company’s 50-day moving average price is $11.09 and its two-hundred day moving average price is $11.27. Snam has a one year low of $10.23 and a one year high of $12.68.

Snam Company Profile (Get Rating)

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 Natural Gas Transportation, Liquefied Natural Gas (LNG) Regasification, and Natural Gas Storage segments. It provides natural gas transportation and dispatching services with approximately 32,700 kilometers of high-and medium-pressure gas pipelines; and owns and manages LNG regasification plants.

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