Short Interest in Terna S.p.A. (OTCMKTS:TERRF) Increases By 27.2%

Terna S.p.A. (OTCMKTS:TERRF) saw a significant increase in short interest in 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 daily trading volume, of 200 shares, the short-interest ratio is currently 48,377.5 days.

Terna Price Performance

Shares of TERRF opened at $9.95 on Friday. Terna has a one year low of $9.30 and a one year high of $9.95. The business’s 50 day simple moving average is $8.80 and its 200-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.