Prysmian S.p.A. (OTCMKTS:PRYMY) Short Interest Up 525.0% in December

Prysmian S.p.A. (OTCMKTS:PRYMY) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 52,500 shares, an increase of 525.0% from the December 15th total of 8,400 shares. Based on an average daily trading volume, of 89,600 shares, the short-interest ratio is currently 0.6 days.

Prysmian Trading Down 2.7 %

PRYMY traded down $0.92 during trading on Monday, hitting $32.84. 496,533 shares of the stock were exchanged, compared to its average volume of 190,833. The firm has a 50 day simple moving average of $32.75 and a 200 day simple moving average of $33.79. Prysmian has a 1 year low of $21.60 and a 1 year high of $37.44.

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.