Terna S.p.A. (OTCMKTS:TEZNY) Short Interest Down 56.6% in October

Terna S.p.A. (OTCMKTS:TEZNY) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 4,600 shares, a decline of 56.6% from the October 15th total of 10,600 shares. Based on an average trading volume of 20,700 shares, the short-interest ratio is presently 0.2 days.

Terna Price Performance

Shares of Terna stock traded up $0.45 during trading on Friday, hitting $25.24. 41,989 shares of the company’s stock traded hands, compared to its average volume of 12,706. Terna has a twelve month low of $23.01 and a twelve month high of $27.21. The firm’s fifty day moving average price is $26.22 and its 200 day moving average price is $25.29.

Terna Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, December 5th. Investors of record on Friday, November 22nd will be paid a dividend of $0.3798 per share. This is a boost from Terna’s previous dividend of $0.19. The ex-dividend date of this dividend is 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.