Terna – Rete Elettrica Nazionale Società per Azioni (OTCMKTS:TERRF) Short Interest Update

Terna – Rete Elettrica Nazionale Società per Azioni (OTCMKTS:TERRFGet Rating) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 5,143,600 shares, a decrease of 45.9% from the March 15th total of 9,507,900 shares. Based on an average daily volume of 11,500 shares, the short-interest ratio is presently 447.3 days.

Several research firms have recently weighed in on TERRF. Citigroup lowered Terna – Rete Elettrica Nazionale Società per Azioni from a “buy” rating to a “neutral” rating in a research note on Monday, April 4th. UBS Group began coverage on Terna – Rete Elettrica Nazionale Società per Azioni in a research note on Monday, January 17th. They issued a “buy” rating on the stock.

OTCMKTS TERRF remained flat at $$8.14 during trading hours on Friday. Terna – Rete Elettrica Nazionale Società per Azioni has a one year low of $7.12 and a one year high of $8.24. The company’s 50 day moving average is $7.89 and its two-hundred day moving average is $7.61.

Terna – Rete Elettrica Nazionale Società per Azioni Company Profile (Get Rating)

Terna – Rete Elettrica Nazionale Società per Azioni, together with its subsidiaries, engages in the electricity transmission and dispatching activities in Italy, Euro-area countries, and internationally. It is also involved in the design, development, planning, construction, management, operation, and maintenance of national transmission grid, electricity infrastructures, and high-voltage infrastructures.

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