Short Interest in Snam S.p.A. (OTCMKTS:SNMRY) Decreases By 91.2%

Snam S.p.A. (OTCMKTS:SNMRY) was the recipient of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 8,800 shares, a decrease of 91.2% from the January 31st total of 100,000 shares. Based on an average trading volume of 86,500 shares, the short-interest ratio is presently 0.1 days.

Snam Trading Down 1.5 %

SNMRY stock traded down $0.15 during midday trading on Friday, hitting $9.51. The company’s stock had a trading volume of 40,762 shares, compared to its average volume of 158,486. Snam has a 12 month low of $8.50 and a 12 month high of $10.24. The company has a 50 day moving average of $9.12 and a two-hundred day moving average of $9.42.

Snam Increases Dividend

The business 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 boost from Snam’s previous dividend of $0.16. The ex-dividend date 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.