Snam S.p.A. (OTCMKTS:SNMRF – Get Free Report) saw a significant drop in short interest in September. As of September 15th, there was short interest totalling 23,968,300 shares, a drop of 21.0% from the August 31st total of 30,342,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 239,683.0 days.
Snam Stock Performance
SNMRF remained flat at $4.96 during midday trading on Friday. The company’s fifty day moving average is $4.80 and its 200 day moving average is $4.70. Snam has a 1 year low of $4.45 and a 1 year high of $5.27.
About Snam
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