Short Interest in Terna S.p.A. (OTCMKTS:TEZNY) Decreases By 56.6%

Terna S.p.A. (OTCMKTS:TEZNY) was the target of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 4,600 shares, a decrease of 56.6% from the October 15th total of 10,600 shares. Based on an average daily trading volume, of 20,700 shares, the short-interest ratio is currently 0.2 days.

Terna Stock Performance

Shares of Terna stock traded down $0.06 during mid-day trading on Wednesday, hitting $24.42. The stock had a trading volume of 34,517 shares, compared to its average volume of 12,489. The firm has a 50-day moving average of $26.29 and a two-hundred day moving average of $25.30. Terna has a 12-month low of $23.01 and a 12-month high of $27.21.

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.