Short Interest in Terna S.p.A. (OTCMKTS:TEZNY) Drops By 47.2%

Terna S.p.A. (OTCMKTS:TEZNY - Get Free Report) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 2,800 shares, a drop of 47.2% from the March 15th total of 5,300 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 31,400 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on TEZNY shares. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Terna in a research report on Thursday, March 27th. Morgan Stanley reiterated an "underweight" rating on shares of Terna in a research report on Thursday, March 27th.

Terna Stock Down 0.2 %

Terna stock traded down $0.07 during mid-day trading on Friday, reaching $28.66. 9,603 shares of the company were exchanged, compared to its average volume of 25,674. Terna has a twelve month low of $22.94 and a twelve month high of $28.88. The firm's 50-day simple moving average is $26.03 and its two-hundred day simple moving average is $25.25.

Terna Company Profile

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.