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

by · The Markets Daily

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

Terna Rete Elettrica Nazionale Stock Performance

TEZNY opened at $32.12 on Friday. Terna Rete Elettrica Nazionale has a 12 month low of $30.19 and a 12 month high of $36.42. The business has a 50-day moving average of $32.00 and a two-hundred day moving average of $33.89.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Terna Rete Elettrica Nazionale to a “hold” rating in a research note on Friday, September 18th. Two investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Read Our Latest Research Report on Terna Rete Elettrica Nazionale

About Terna Rete Elettrica Nazionale

(Get Free Report)

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.

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