Snam S.p.A. (OTCMKTS:SNMRF) Short Interest Up 24.5% in November

Snam S.p.A. (OTCMKTS:SNMRF) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 26,707,300 shares, a growth of 24.5% from the October 31st total of 21,450,600 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 66,768.3 days.

Snam Price Performance

Shares of OTCMKTS:SNMRF opened at $4.79 on Friday. Snam has a 12-month low of $4.36 and a 12-month high of $5.27. The firm has a fifty day moving average of $4.80 and a two-hundred day moving average of $4.74.

Snam Company Profile

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.