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

Italgas S.p.A. (OTCMKTS:ITGGFGet Free Report) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 3,481,900 shares, a decrease of 8.0% from the December 31st total of 3,785,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 34,819.0 days.

Italgas Price Performance

OTCMKTS ITGGF opened at $5.10 on Wednesday. Italgas has a 12 month low of $5.01 and a 12 month high of $5.90. The stock’s fifty day moving average price is $5.22 and its 200-day moving average price is $5.60.

About Italgas

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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.

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