Saipem SpA (OTCMKTS:SAPMY) Short Interest Update

Saipem SpA (OTCMKTS:SAPMY) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 100 shares, a decrease of 98.0% from the January 15th total of 5,100 shares. Based on an average daily volume of 800 shares, the short-interest ratio is currently 0.1 days.

Saipem Stock Performance

SAPMY stock remained flat at $0.42 during mid-day trading on Wednesday. The company’s stock had a trading volume of 2 shares, compared to its average volume of 35,724. The business has a 50 day moving average price of $0.48 and a 200-day moving average price of $0.45. Saipem has a 12 month low of $0.22 and a 12 month high of $0.53.

About Saipem

Saipem SpA provides energy and infrastructure solutions worldwide. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. It offers development of subsea fields and pipelaying; installation and lifting of offshore structures; and engineering, implementation, installation, maintenance, modification, and decommissioning activities.