Prysmian S.p.A. (OTCMKTS:PRYMY) Short Interest Update

Prysmian S.p.A. (OTCMKTS:PRYMY) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 17,400 shares, anincreaseof255.1% from the June 30th total of 4,900 shares. Based on an average daily volume of 50,000 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 50,000 shares, the days-to-cover ratio is currently 0.3 days.

Prysmian Trading Up 0.0%

PRYMY stock opened at $40.05 on Friday. Prysmian has a twelve month low of $21.62 and a twelve month high of $40.67. The firm’s fifty day simple moving average is $34.89 and its two-hundred day simple moving average is $31.94.

Wall Street Analyst Weigh In

PRYMY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Prysmian in a research note on Tuesday, June 24th. They set a “buy” rating on the stock. Barclays reaffirmed an “overweight” rating on shares of Prysmian in a research note on Monday, July 14th.

Prysmian Company Profile

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.