Short Interest in Terna S.p.A. (OTCMKTS:TERRF) Declines By 31.4%

Terna S.p.A. (OTCMKTS:TERRF) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totalling 12,745,200 shares, a decline of 31.4% from the August 15th total of 18,569,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 127,452.0 days.

Terna Price Performance

TERRF stock remained flat at $8.55 during trading on Friday. 53 shares of the company’s stock were exchanged, compared to its average volume of 1,431. Terna has a 52-week low of $7.18 and a 52-week high of $9.00. The company has a fifty day moving average of $8.25 and a two-hundred day moving average of $8.04.

About Terna

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.