Terna S.p.A. (OTCMKTS:TEZNY) Short Interest Update

Terna S.p.A. (OTCMKTS:TEZNY - Get Free Report) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 19,700 shares, an increase of 1,131.3% from the May 15th total of 1,600 shares. Based on an average daily volume of 18,500 shares, the short-interest ratio is presently 1.1 days. Currently, 0.0% of the shares of the stock are short sold.

Terna Trading Up 0.1%

OTCMKTS:TEZNY traded up $0.03 during midday trading on Friday, reaching $30.98. 8,130 shares of the stock traded hands, compared to its average volume of 23,759. Terna has a 12-month low of $22.94 and a 12-month high of $31.18. The business has a 50-day moving average of $29.36 and a two-hundred day moving average of $26.41.

Analyst Upgrades and Downgrades

TEZNY has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Terna in a research report on Thursday, March 27th. Morgan Stanley reissued an "underweight" rating on shares of Terna in a research report on Friday, May 16th.

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.