Terna S.p.A. (OTCMKTS:TERRF) Sees Significant Growth in Short Interest

Terna S.p.A. (OTCMKTS:TERRF) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 9,675,500 shares, an increase of 27.2% from the March 31st total of 7,609,400 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 48,377.5 days.

Terna Stock Performance

TERRF stock opened at $9.95 on Friday. Terna has a twelve month low of $9.30 and a twelve month high of $9.95. The business’s fifty day simple moving average is $8.80 and its two-hundred day simple moving average is $8.58.

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.