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

Terna S.p.A. (OTCMKTS:TEZNY) saw a significant drop in short interest in October. As of October 31st, there was short interest totalling 4,600 shares, a drop of 56.6% from the October 15th total of 10,600 shares. Based on an average trading volume of 20,700 shares, the short-interest ratio is currently 0.2 days.

Terna Price Performance

TEZNY traded up $0.46 on Thursday, hitting $24.79. 29,138 shares of the company’s stock were exchanged, compared to its average volume of 12,574. Terna has a twelve month low of $23.01 and a twelve month high of $27.21. The stock has a fifty day moving average of $26.22 and a two-hundred day moving average of $25.29.

Terna Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Friday, November 22nd will be paid a $0.3798 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This is an increase from Terna’s previous dividend of $0.19.

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.