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

Italgas S.p.A. (OTCMKTS:ITGGF) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 6,985,700 shares, an increase of 90.9% from the February 13th total of 3,658,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 69,857.0 days.

Italgas Price Performance

ITGGF opened at $6.55 on Friday. Italgas has a 1 year low of $5.05 and a 1 year high of $6.77. The firm has a 50 day moving average price of $6.03 and a 200 day moving average price of $5.87.

Italgas Company Profile

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.