Italgas S.p.A. (OTCMKTS:ITGGF) Short Interest Update

Italgas S.p.A. (OTCMKTS:ITGGF) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 6,985,700 shares, a growth of 90.9% from the February 13th total of 3,658,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 69,857.0 days.

Italgas Stock Down 2.7 %

ITGGF opened at $6.55 on Friday. Italgas has a 52 week low of $5.05 and a 52 week high of $6.77. The business’s fifty day simple moving average is $6.03 and its 200 day simple moving average is $5.87.

About Italgas

Italgas S.p.A., together with its subsidiaries, engages in the distribution of natural gas in Italy. It is involved in the transportation of gas to households, enterprises, etc. The company operated a distribution network of 81,309 kilometers. It also engages in metering activities; and distributes and sells water.