Short Interest in Terna S.p.A. (OTCMKTS:TEZNY) Declines By 56.6%

Terna S.p.A. (OTCMKTS:TEZNY) was the recipient of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 4,600 shares, a drop of 56.6% from the October 15th total of 10,600 shares. Based on an average daily volume of 20,700 shares, the short-interest ratio is presently 0.2 days.

Terna Stock Up 1.9 %

Shares of Terna stock traded up $0.46 during trading hours on Thursday, hitting $24.79. The company’s stock had a trading volume of 29,138 shares, compared to its average volume of 12,574. The stock has a 50 day moving average of $26.22 and a 200 day moving average of $25.29. Terna has a 12 month low of $23.01 and a 12 month high of $27.21.

Terna Increases Dividend

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

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.