Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY) Stock Short Interest Report for October

Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 5,832 shares, a drop of 48.0% from the September 30th total of 11,218 shares. Based on an average trading volume of 114,815 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Terna Rete Elettrica Nazionale Price Performance

Shares of TEZNY stock opened at $32.12 on Friday. The company’s fifty day simple moving average is $32.00 and its 200-day simple moving average is $33.89. Terna Rete Elettrica Nazionale has a 52 week low of $30.19 and a 52 week high of $36.42.

Analyst Ratings Changes

Separately, Zacks Research upgraded Terna Rete Elettrica Nazionale to a “hold” rating in a report on Friday, September 18th. Two research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

About Terna Rete Elettrica Nazionale

Terna Rete Elettrica Nazionale S.p.A., commonly known as Terna, is Italy’s electricity transmission system operator. The company manages and operates the high- and extra-high-voltage transmission network that transports electricity across the country, helping maintain the reliability, security and efficiency of Italy’s power system.

Terna’s activities include electricity transmission, grid planning and development, maintenance of transmission infrastructure, and management of the national electricity dispatching system.