Short Interest in Snam S.p.A. (OTCMKTS:SNMRF) Decreases By 27.9%

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

Snam Price Performance

Shares of SNMRF stock remained flat at $4.79 during midday trading on Friday. The stock’s fifty day moving average price is $4.77 and its 200 day moving average price is $4.75. Snam has a 12 month low of $4.36 and a 12 month high of $5.27.

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.