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

Terna S.p.A. (OTCMKTS:TEZNY) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 3,500 shares, an increase of 25.0% from the December 31st total of 2,800 shares. Based on an average trading volume of 90,700 shares, the days-to-cover ratio is presently 0.0 days.

Terna Stock Up 1.5 %

OTCMKTS TEZNY traded up $0.38 during mid-day trading on Thursday, hitting $24.94. The stock had a trading volume of 11,877 shares, compared to its average volume of 39,377. The firm’s 50 day moving average is $24.24 and its 200 day moving average is $25.20. Terna has a twelve month low of $22.94 and a twelve month high of $27.21.

Terna Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 5th. Investors of record on Friday, November 22nd were given a dividend of $0.3798 per share. This is an increase from Terna’s previous dividend of $0.19. The ex-dividend date of this dividend was Friday, November 22nd.

About Terna

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.