Italgas S.p.A. (OTCMKTS:ITGGF) Short Interest Down 22.3% in November

Italgas S.p.A. (OTCMKTS:ITGGF) saw a large decline in short interest in 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 daily volume of 2,200 shares, the days-to-cover ratio is presently 1,378.1 days.

Italgas Stock Performance

Shares of ITGGF traded up $0.18 during trading hours on Monday, hitting $5.79. The stock had a trading volume of 179 shares, compared to its average volume of 1,537. Italgas has a 1-year low of $5.05 and a 1-year high of $6.52. The firm has a 50 day simple moving average of $6.07 and a 200-day simple moving average of $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.