Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY) Short Interest Up 1,243.6% in August

Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 6,839 shares, a growth of 1,243.6% from the August 15th total of 509 shares. Based on an average daily volume of 45,706 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Terna Rete Elettrica Nazionale Price Performance

Shares of TEZNY traded down $0.25 during trading hours on Thursday, reaching $31.99. The stock had a trading volume of 66,795 shares, compared to its average volume of 18,848. Terna Rete Elettrica Nazionale has a 12 month low of $29.12 and a 12 month high of $36.42. The firm has a 50-day simple moving average of $34.36 and a 200 day simple moving average of $34.71.

About Terna Rete Elettrica Nazionale

Terna Rete Elettrica Nazionale S.p.A. is an Italian electricity transmission system operator responsible for managing and developing the country’s high- and extra-high-voltage power grid. The company transports electricity from power plants and international interconnections to local distribution networks and large industrial customers, helping maintain the reliability and security of Italy’s electricity supply.

Terna’s activities include electricity transmission, grid dispatching and balancing, network maintenance, infrastructure upgrades, and the development of new transmission facilities.