Short Interest in Terna S.p.A. (OTCMKTS:TERRF) Drops By 22.6%

Terna S.p.A. (OTCMKTS:TERRF) saw a large decrease in short interest in January. As of January 31st, there was short interest totalling 8,200,300 shares, a decrease of 22.6% from the January 15th total of 10,588,900 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is presently 10,250.4 days.

Terna Stock Performance

Shares of TERRF stock remained flat at $8.50 during mid-day trading on Friday. The business has a 50-day moving average price of $8.47 and a 200 day moving average price of $8.45. Terna has a twelve month low of $7.23 and a twelve month high of $9.00.

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.