Prysmian S.p.A. (OTCMKTS:PRYMY) Short Interest Down 81.3% in March

Prysmian S.p.A. (OTCMKTS:PRYMY) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 6,800 shares, a decrease of 81.3% from the February 28th total of 36,400 shares. Based on an average daily volume of 218,400 shares, the days-to-cover ratio is presently 0.0 days.

Prysmian Stock Performance

Shares of PRYMY stock traded down $2.30 during mid-day trading on Wednesday, reaching $28.48. 49,631 shares of the company’s stock traded hands, compared to its average volume of 119,834. The company’s 50-day moving average price is $33.07 and its 200-day moving average price is $33.72. Prysmian has a 12 month low of $25.57 and a 12 month high of $38.06.

About Prysmian

Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells power and telecom cables and systems, and related accessories under the Prysmian, Draka, and General Cable brands worldwide. It operates through four segments: Renewable Transmission, Power Grid, Electrification, and Digital Solutions.