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Terna S.p.A. (OTCMKTS:TEZNY) Sees Large Growth in Short Interest

Terna logo with Utilities background

Terna S.p.A. (OTCMKTS:TEZNY - Get Free Report) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 7,000 shares, an increase of 20.7% from the August 31st total of 5,800 shares. Based on an average trading volume of 12,200 shares, the short-interest ratio is currently 0.6 days.

Terna Stock Up 0.4 %

TEZNY traded up $0.12 during mid-day trading on Friday, reaching $27.16. The stock had a trading volume of 2,972 shares, compared to its average volume of 12,200. The firm's fifty day simple moving average is $25.77 and its two-hundred day simple moving average is $24.94. Terna has a 52 week low of $21.82 and a 52 week high of $27.21.

About Terna

(Get Free Report)

Terna S.p.A., together with its subsidiaries, provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally. It operates through Regulated, Non-Regulated, and International segments. The company is involved in the design, construction, management, development, operation, and maintenance of national transmission grid; dispatching and metering; and construction of storage systems.

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