Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY) Sees Large Increase in Short Interest

Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 10,500 shares, an increase of 22.1% from the August 15th total of 8,600 shares. Based on an average daily volume of 19,600 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 19,600 shares, the days-to-cover ratio is presently 0.5 days.

Terna Rete Elettrica Nazionale Stock Performance

Shares of OTCMKTS TEZNY opened at $29.38 on Friday. Terna Rete Elettrica Nazionale has a 52 week low of $22.94 and a 52 week high of $31.18. The business has a 50-day simple moving average of $29.75 and a two-hundred day simple moving average of $29.08.

Terna Rete Elettrica Nazionale 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.