Terna S.p.A. (OTCMKTS:TEZNY) Short Interest Up 667.9% in April

Terna S.p.A. (OTCMKTS:TEZNY) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 21,500 shares, a growth of 667.9% from the March 31st total of 2,800 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 57,700 shares, the days-to-cover ratio is presently 0.4 days.

Terna Stock Performance

TEZNY opened at $29.11 on Friday. Terna has a 52 week low of $22.94 and a 52 week high of $29.73. The business has a fifty day simple moving average of $26.49 and a 200-day simple moving average of $25.37.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Morgan Stanley reiterated an “underweight” rating on shares of Terna in a research report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Terna in a report on Thursday, March 27th.

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.