Short Interest in Saras S.p.A. (OTCMKTS:SAAFY) Drops By 33.3%

Saras S.p.A. (OTCMKTS:SAAFY) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totalling 200 shares, a decline of 33.3% from the June 15th total of 300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Saras Stock Performance

Shares of OTCMKTS SAAFY remained flat at $8.69 during trading hours on Friday. The stock had a trading volume of 510 shares, compared to its average volume of 526. The firm’s 50 day moving average is $8.92 and its 200 day moving average is $8.94. Saras has a 52-week low of $6.25 and a 52-week high of $9.92.

Saras Company Profile

Saras S.p.A. engages in the oil refinery business in Italy and internationally. The company operates through Industrial & Marketing; and Renewables segments. It also sells and distributes oil products, such as diesel, gasoline, diesel fuel for heating, liquefied petroleum gas, virgin naphtha, bunkering, and aviation fuel.