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

Terna S.p.A. (OTCMKTS:TEZNY) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 21,500 shares, an increase of 667.9% from the March 31st total of 2,800 shares. Based on an average daily volume of 57,700 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

TEZNY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Terna in a report on Thursday, March 27th. Morgan Stanley reaffirmed an “underweight” rating on shares of Terna in a report on Thursday, March 27th.

Terna Stock Up 0.0 %

Terna stock opened at $29.11 on Friday. The company has a fifty day simple moving average of $26.49 and a 200-day simple moving average of $25.37. Terna has a 12-month low of $22.94 and a 12-month high of $29.73.

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.