Terna S.p.A. (OTCMKTS:TEZNY – Get Free Report) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,500 shares, an increase of 25.0% from the December 15th total of 2,800 shares. Based on an average daily volume of 90,700 shares, the days-to-cover ratio is currently 0.0 days.
Terna Stock Up 1.2 %
Shares of Terna stock opened at $24.06 on Friday. Terna has a 12-month low of $22.94 and a 12-month high of $27.21. The stock has a 50 day moving average price of $24.32 and a two-hundred day moving average price of $25.15.
Terna Increases Dividend
The company also recently announced a dividend, which was paid on Thursday, December 5th. Investors of record on Friday, November 22nd were paid a $0.3798 dividend. The ex-dividend date was 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.
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