Terna S.p.A. (OTCMKTS:TEZNY) Sees Large Decline in Short Interest

Terna S.p.A. (OTCMKTS:TEZNY – Get Rating) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totalling 1,300 shares, a decrease of 83.5% from the April 30th total of 7,900 shares. Based on an average trading volume of 14,200 shares, the short-interest ratio is presently 0.1 days.

Terna Stock Performance

TEZNY stock traded up $0.26 during midday trading on Friday, reaching $24.84. The company had a trading volume of 7,430 shares, compared to its average volume of 14,327. The stock has a 50 day moving average price of $25.37 and a 200 day moving average price of $23.84. Terna has a fifty-two week low of $17.35 and a fifty-two week high of $26.47.

About Terna

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TERNA Rete Elettrica Nazionale SpA engages in the grid operation for the transmission of electricity. The firm operates through the following segments: Regulated, Non-Regulated and International. The Regulated segment includes the development, operation and maintenance of the National Transmission Grid, in addition to dispatching and metering, and the activities involved in the construction of storage systems.