Técnicas Reunidas, S.A. (OTCMKTS:TNISF) Sees Large Growth in Short Interest
by Michael Walen · The Markets DailyTécnicas Reunidas, S.A. (OTCMKTS:TNISF – Get Free Report) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 33,263 shares, a growth of 1,936.9% from the May 31st total of 1,633 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Técnicas Reunidas Price Performance
Shares of Técnicas Reunidas stock remained flat at $40.00 on Thursday. The business’s 50-day moving average price is $40.00 and its two-hundred day moving average price is $36.64. Técnicas Reunidas has a 12 month low of $11.38 and a 12 month high of $40.00.
Técnicas Reunidas Company Profile
Técnicas Reunidas SA is a leading Spanish engineering and construction company specializing in large‐scale projects for the energy and industrial sectors. Headquartered in Madrid, the firm traces its origins to 1959, when it was established to support Spain’s growing petrochemical and oil refining industries. Over the decades, Técnicas Reunidas has expanded its technical capabilities to cover a wide range of activities from upstream oil and gas to downstream petrochemicals and power generation.
The company’s core business centers on engineering, procurement and construction (EPC) services.