Saipem SpA (OTCMKTS:SAPMF – Get Rating) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 12,430,700 shares, a drop of 20.4% from the November 30th total of 15,624,100 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 62,153.5 days.

Saipem Stock Up 4.8 %

Saipem stock traded up $0.06 during trading hours on Friday, hitting $1.30. 200 shares of the company traded hands, compared to its average volume of 1,607. The firm's 50-day simple moving average is $0.94 and its two-hundred day simple moving average is $2.15. Saipem has a 1-year low of $0.62 and a 1-year high of $60.40.

Saipem Company Profile

(Get Rating)

Read More

• Get a free copy of the StockNews.com research report on Saipem (SAPMF)
• MarketBeat: Week in Review 12/26 – 12/30
• The Dogs Of Tech: It's Time For A Bite Of These Stocks
• Does This Acquisition Make Microsoft a Bear Market Buy?
• Should You Warm up to Generac Stock for the Winter?
• Is Kintara Therapeutics A Hidden Gem?

Receive News & Ratings for Saipem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saipem and related companies with MarketBeat.com's FREE daily email newsletter.