Short Interest in Terna S.p.A. (OTCMKTS:TEZNY) Increases By 860.9%

Terna S.p.A. (OTCMKTS:TEZNY) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 44,200 shares, an increase of 860.9% from the October 31st total of 4,600 shares. Based on an average daily volume of 55,200 shares, the days-to-cover ratio is currently 0.8 days.

Terna Stock Up 0.2 %

OTCMKTS:TEZNY opened at $25.26 on Friday. Terna has a fifty-two week low of $23.01 and a fifty-two week high of $27.21. The firm’s fifty day simple moving average is $25.88 and its 200-day simple moving average is $25.34.

Terna Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, December 5th. Investors of record on Friday, November 22nd will be given a $0.3798 dividend. The ex-dividend date is Friday, November 22nd. This is a positive change from Terna’s previous dividend of $0.19.

About Terna

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.