Short Interest in Terna S.p.A. (OTCMKTS:TEZNY) Increases By 25.0%

Terna S.p.A. (OTCMKTS:TEZNY) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,500 shares, an increase of 25.0% from the December 15th total of 2,800 shares. Based on an average trading volume of 90,700 shares, the days-to-cover ratio is currently 0.0 days.

Terna Stock Performance

TEZNY stock traded up $0.29 during midday trading on Thursday, reaching $23.75. The company had a trading volume of 25,362 shares, compared to its average volume of 37,037. The stock has a 50 day moving average price of $24.34 and a 200 day moving average price of $25.16. Terna has a fifty-two week low of $22.94 and a fifty-two week high of $27.21.

Terna Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 5th. Investors of record on Friday, November 22nd were paid a dividend of $0.3798 per share. This is an increase from Terna’s previous dividend of $0.19. The ex-dividend date was Friday, November 22nd.

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.