Snam S.p.A. (OTCMKTS:SNMRF) Short Interest Update

Snam S.p.A. (OTCMKTS:SNMRF) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 23,968,300 shares, a decrease of 21.0% from the August 31st total of 30,342,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 239,683.0 days.

Snam Price Performance

Shares of SNMRF remained flat at $4.96 during trading on Friday. Snam has a 52 week low of $4.45 and a 52 week high of $5.27. The business has a fifty day simple moving average of $4.81 and a two-hundred day simple moving average of $4.70.

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.