Snam S.p.A. (OTCMKTS:SNMRY) Short Interest Update

Snam S.p.A. (OTCMKTS:SNMRY) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 200 shares, a decline of 97.7% from the February 13th total of 8,800 shares. Based on an average daily trading volume, of 71,200 shares, the days-to-cover ratio is presently 0.0 days.

Snam Stock Up 1.1 %

Shares of SNMRY stock opened at $10.09 on Friday. The firm has a 50 day moving average of $9.32 and a 200-day moving average of $9.43. Snam has a 52 week low of $8.50 and a 52 week high of $10.24.

Snam Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 23rd were issued a $0.238 dividend. This is a boost from Snam’s previous dividend of $0.16. The ex-dividend date of this dividend was Thursday, January 23rd. Snam’s dividend payout ratio (DPR) is presently 39.73%.

About Snam

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.