Snam S.p.A. (OTCMKTS:SNMRF) Short Interest Down 27.9% in November

Snam S.p.A. (OTCMKTS:SNMRF) was the recipient of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 19,266,400 shares, a drop of 27.9% from the November 15th total of 26,707,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Snam Price Performance

Shares of Snam stock remained flat at $4.79 during trading on Friday. The stock’s 50 day moving average price is $4.77 and its two-hundred day moving average price is $4.75. Snam has a one year low of $4.36 and a one year high of $5.27.

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.