Short Interest in Terna S.p.A. (OTCMKTS:TERRF) Expands By 23.9%

Terna S.p.A. (OTCMKTS:TERRF) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 10,653,300 shares, a growth of 23.9% from the November 30th total of 8,597,100 shares. Based on an average daily volume of 12,000 shares, the short-interest ratio is currently 887.8 days.

Terna Stock Performance

OTCMKTS:TERRF opened at $8.50 on Monday. The firm has a 50-day simple moving average of $8.46 and a 200-day simple moving average of $8.35. Terna has a one year low of $7.23 and a one year high of $9.00.

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.