Terna S.p.A. (OTCMKTS:TEZNY) Short Interest Up 25.0% in January

Terna S.p.A. (OTCMKTS:TEZNY) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 3,500 shares, an increase of 25.0% from the December 31st total of 2,800 shares. Based on an average daily volume of 90,700 shares, the short-interest ratio is presently 0.0 days.

Terna Stock Performance

Shares of TEZNY traded down $0.26 during mid-day trading on Friday, hitting $24.69. The stock had a trading volume of 12,839 shares, compared to its average volume of 36,916. Terna has a 52 week low of $22.94 and a 52 week high of $27.21. The business has a fifty day moving average price of $24.23 and a 200-day moving average price of $25.20.

Terna Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 5th. Shareholders of record on Friday, November 22nd were issued a dividend of $0.3798 per share. The ex-dividend date was Friday, November 22nd. This is an increase from Terna’s previous dividend of $0.19.

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.