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

Terna S.p.A. (OTCMKTS:TEZNY) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 2,300 shares, a decline of 90.6% from the May 31st total of 24,500 shares. Based on an average daily trading volume, of 29,300 shares, the short-interest ratio is presently 0.1 days.

Terna Price Performance

TEZNY opened at $23.57 on Friday. The stock’s 50 day moving average price is $24.67 and its 200-day moving average price is $24.62. Terna has a 52-week low of $21.82 and a 52-week high of $26.08.

About Terna

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.