Saipem SpA (OTCMKTS:SAPMF – Get Free Report) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 6,575,900 shares, a decrease of 32.3% from the June 30th total of 9,706,500 shares. Based on an average trading volume of 1,800 shares, the days-to-cover ratio is currently 3,653.3 days.
Saipem Stock Performance
SAPMF remained flat at $2.57 during trading on Friday. The business has a 50 day moving average of $2.41 and a 200-day moving average of $2.14. Saipem has a fifty-two week low of $1.31 and a fifty-two week high of $2.58.
Saipem Company Profile
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