Terna S.p.A. (OTCMKTS:TEZNY) Sees Significant Increase in Short Interest

Terna S.p.A. (OTCMKTS:TEZNY) saw 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 trading volume, of 90,700 shares, the short-interest ratio is currently 0.0 days.

Terna Trading Up 1.2 %

OTCMKTS TEZNY traded up $0.29 during trading hours on Thursday, reaching $23.75. 25,362 shares of the company traded hands, compared to its average volume of 37,037. Terna has a 12 month low of $22.94 and a 12 month high of $27.21. The company has a 50 day moving average of $24.34 and a two-hundred day moving average of $25.16.

Terna Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, December 5th. Stockholders of record on Friday, November 22nd were given a $0.3798 dividend. This is a positive change from Terna’s previous dividend of $0.19. The ex-dividend date was Friday, November 22nd.

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.