Short Interest in Prysmian S.p.A. (OTCMKTS:PRYMY) Rises By 27.3%

Prysmian S.p.A. (OTCMKTS:PRYMY) saw a large growth in short interest in October. As of October 15th, there was short interest totalling 5,600 shares, a growth of 27.3% from the September 30th total of 4,400 shares. Based on an average daily trading volume, of 56,500 shares, the days-to-cover ratio is currently 0.1 days.

Prysmian Trading Down 3.3 %

Shares of Prysmian stock traded down $1.21 on Wednesday, hitting $35.37. The company had a trading volume of 23,434 shares, compared to its average volume of 27,280. Prysmian has a 52 week low of $18.33 and a 52 week high of $37.44. The business has a 50-day simple moving average of $35.44 and a 200-day simple moving average of $32.66.

Prysmian Company Profile

Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells power and telecom cables and systems, and related accessories under the Prysmian, Draka, and General Cable brands worldwide. It operates through four segments: Renewable Transmission, Power Grid, Electrification, and Digital Solutions.