Prysmian S.p.A. (OTCMKTS:PRYMY) Short Interest Up 525.0% in January

Prysmian S.p.A. (OTCMKTS:PRYMY) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 52,500 shares, an increase of 525.0% from the December 31st total of 8,400 shares. Based on an average trading volume of 89,600 shares, the days-to-cover ratio is currently 0.6 days.

Prysmian Trading Up 2.7 %

OTCMKTS:PRYMY traded up $0.90 during trading hours on Wednesday, reaching $34.14. The company had a trading volume of 40,559 shares, compared to its average volume of 161,076. Prysmian has a 1-year low of $21.80 and a 1-year high of $38.06. The business’s 50 day moving average price is $33.28 and its 200-day moving average price is $34.03.

About Prysmian

Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells power and telecom cables and systems, and related accessories under the Prysmian, Draka, and General Cable brands worldwide. It operates through four segments: Renewable Transmission, Power Grid, Electrification, and Digital Solutions.