Short Interest in Terna S.p.A. (OTCMKTS:TEZNY) Increases By 860.9%

Terna S.p.A. (OTCMKTS:TEZNY) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 44,200 shares, a growth of 860.9% from the October 31st total of 4,600 shares. Based on an average daily volume of 55,200 shares, the short-interest ratio is currently 0.8 days.

Terna Trading Up 1.4 %

OTCMKTS TEZNY traded up $0.34 on Wednesday, reaching $25.20. The company had a trading volume of 46,596 shares, compared to its average volume of 30,263. Terna has a 52 week low of $23.01 and a 52 week high of $27.21. The stock’s 50 day moving average is $25.94 and its 200-day moving average is $25.34.

Terna Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Friday, November 22nd will be given a dividend of $0.3798 per share. This is a boost from Terna’s previous dividend of $0.19. The ex-dividend date is 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.