Terna S.p.A. (OTCMKTS:TEZNY – Get Free Report) saw a significant increase in short interest in the month of 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 daily volume of 90,700 shares, the days-to-cover ratio is currently 0.0 days.
Terna Price Performance
Shares of TEZNY stock traded up $0.38 during midday trading on Thursday, reaching $24.94. 11,877 shares of the company traded hands, compared to its average volume of 39,377. The firm’s 50 day simple moving average is $24.24 and its two-hundred day simple moving average is $25.20. Terna has a 1-year low of $22.94 and a 1-year high of $27.21.
Terna Increases Dividend
The company also recently disclosed a dividend, which was paid on Thursday, December 5th. Investors of record on Friday, November 22nd were paid 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.
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.
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