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

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

Terna Price Performance

Terna stock remained flat at $8.50 during midday trading on Friday. Terna has a 1 year low of $7.23 and a 1 year high of $9.00. The business has a 50 day moving average of $8.47 and a 200-day moving average of $8.45.

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.