Short Interest in Prysmian S.p.A. (OTCMKTS:PRYMY) Decreases By 75.4%

Prysmian S.p.A. (OTCMKTS:PRYMY) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 8,400 shares, a decline of 75.4% from the November 30th total of 34,200 shares. Based on an average daily volume of 113,300 shares, the short-interest ratio is presently 0.1 days.

Prysmian Stock Up 0.7 %

Shares of OTCMKTS:PRYMY traded up $0.70 during midday trading on Thursday, reaching $32.36. The company’s stock had a trading volume of 23,921 shares, compared to its average volume of 29,854. The firm has a 50 day moving average of $33.63 and a 200-day moving average of $33.61. Prysmian has a 12-month low of $21.60 and a 12-month high of $37.44.

About Prysmian

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.