Short Interest in Snam S.p.A. (OTCMKTS:SNMRY) Declines By 26.0%

Snam S.p.A. (OTCMKTS:SNMRY) saw a significant drop in short interest in June. As of June 15th, there was short interest totalling 9,400 shares, a drop of 26.0% from the May 31st total of 12,700 shares. Based on an average trading volume of 92,100 shares, the days-to-cover ratio is currently 0.1 days.

Snam Stock Down 0.3 %

Shares of OTCMKTS SNMRY traded down $0.03 during trading on Monday, hitting $9.27. The company had a trading volume of 55,700 shares, compared to its average volume of 85,931. The stock has a fifty day simple moving average of $9.37 and a two-hundred day simple moving average of $9.58. Snam has a fifty-two week low of $8.86 and a fifty-two 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.