Snam S.p.A. (OTCMKTS:SNMRY – Get Free Report) was the target of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 7,000 shares, a decrease of 34.0% from the October 31st total of 10,600 shares. Based on an average daily volume of 235,900 shares, the days-to-cover ratio is presently 0.0 days.
Snam Stock Performance
Shares of OTCMKTS SNMRY opened at $9.24 on Friday. The company has a 50 day moving average of $9.54 and a 200 day moving average of $9.54. Snam has a twelve month low of $8.67 and a twelve month high of $10.66.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Snam in a research report on Wednesday, October 2nd. They set a “buy” rating for the company.
Snam Company Profile
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.
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