Snam S.p.A. (OTCMKTS:SNMRY) Short Interest Up 8,150.0% in March

Snam S.p.A. (OTCMKTS:SNMRY) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 16,500 shares, a growth of 8,150.0% from the February 28th total of 200 shares. Based on an average daily volume of 63,600 shares, the short-interest ratio is currently 0.3 days.

Snam Trading Up 0.4 %

OTCMKTS:SNMRY opened at $10.03 on Friday. The stock has a fifty day moving average price of $9.54 and a 200 day moving average price of $9.44. Snam has a 12-month low of $8.50 and a 12-month high of $10.24.

Snam Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Thursday, January 23rd were paid a dividend of $0.238 per share. This is a positive change from Snam’s previous dividend of $0.16. The ex-dividend date was Thursday, January 23rd. Snam’s dividend payout ratio is presently 39.73%.

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.