Short Interest in Técnicas Reunidas, S.A. (OTCMKTS:TNISF) Drops By 55.2%

Técnicas Reunidas, S.A. (OTCMKTS:TNISF) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 1,300 shares, a decline of 55.2% from the July 15th total of 2,900 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Técnicas Reunidas Price Performance

Técnicas Reunidas stock remained flat at $7.75 during midday trading on Wednesday. Técnicas Reunidas has a 52-week low of $7.75 and a 52-week high of $7.75. The stock’s 50 day moving average is $7.75 and its 200-day moving average is $8.05.

Técnicas Reunidas Company Profile

Técnicas Reunidas, SA, an engineering and construction company, designs and manages industrial plant projects worldwide. It operates through Oil and Gas, Power, and Other Industries segments. The Oil and Gas segment offers engineering, procurement, and construction services in oil processing operations, and chemical production and processing operations; services related to the natural gas production and extraction value chain, such as production, processing, storage, and transportation; constructs, revamps, and expands refining plants; designs and builds auxiliary services and other refining units; and designs and constructs monomers, polymers and plastics, chemical, and fertilizer producing and processing plants.