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

Terna S.p.A. (OTCMKTS:TEZNY) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 4,600 shares, a drop 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 presently 0.2 days.

Terna Stock Performance

TEZNY stock traded down $0.06 during midday trading on Wednesday, hitting $24.42. The company’s stock had a trading volume of 34,517 shares, compared to its average volume of 12,489. Terna has a 52-week low of $23.01 and a 52-week high of $27.21. The firm has a 50-day simple moving average of $26.29 and a 200-day simple moving average of $25.30.

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.