Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 11,218 shares, an increase of 156.0% from the September 15th total of 4,382 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 101,138 shares, the short-interest ratio is currently 0.1 days.
Terna Rete Elettrica Nazionale Stock Down 0.4%
OTCMKTS TEZNY opened at $30.58 on Tuesday. The company has a fifty day simple moving average of $32.70 and a 200 day simple moving average of $34.19. Terna Rete Elettrica Nazionale has a 1 year low of $30.19 and a 1 year high of $36.42.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Terna Rete Elettrica Nazionale to a “hold” rating in a report on Friday, September 18th. Two analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company has an average rating of “Hold”.
About Terna Rete Elettrica Nazionale
Terna Rete Elettrica Nazionale S.p.A., commonly known as Terna, is Italy’s electricity transmission system operator. The company owns, operates, and maintains the country’s high- and extra-high-voltage electricity transmission network, helping transport power from generation facilities to distribution networks and major industrial users.
Terna’s activities include managing the real-time flow of electricity, maintaining grid reliability and security, planning and developing transmission infrastructure, and coordinating cross-border interconnections.
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