Italgas S.p.A. (OTCMKTS:ITGGF) Short Interest Update

Italgas S.p.A. (OTCMKTS:ITGGF) saw a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 3,031,900 shares, a decline of 22.3% from the November 15th total of 3,901,000 shares. Based on an average trading volume of 2,200 shares, the short-interest ratio is presently 1,378.1 days.

Italgas Stock Performance

Shares of OTCMKTS:ITGGF traded up $0.18 during trading on Monday, reaching $5.79. The stock had a trading volume of 179 shares, compared to its average volume of 1,537. Italgas has a 52 week low of $5.05 and a 52 week high of $6.52. The business’s 50-day moving average price is $6.07 and its 200 day moving average price is $5.48.

About Italgas

Italgas S.p.A., together with its subsidiaries, engages in the distribution of natural gas in Italy. It is involved in the transportation of gas to households, enterprises, etc. The company operated a distribution network of 81,309 kilometers. It also engages in metering activities; and distributes and sells water.