Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY) Short Interest Update

Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 509 shares, a drop of 87.3% from the July 30th total of 4,013 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 33,506 shares, the days-to-cover ratio is currently 0.0 days.

Terna Rete Elettrica Nazionale Stock Performance

OTCMKTS:TEZNY opened at $33.84 on Friday. Terna Rete Elettrica Nazionale has a 12 month low of $29.00 and a 12 month high of $36.42. The company’s 50-day moving average price is $34.70 and its two-hundred day moving average price is $34.82.

Terna Rete Elettrica Nazionale Company Profile

Terna Rete Elettrica Nazionale is the operator responsible for the planning, management and development of Italy’s high?voltage electricity transmission network. The company’s core activities include the operation and maintenance of transmission lines and substations, real?time system operation and dispatch, and network planning to ensure the secure and reliable delivery of electricity across the national grid. Terna also undertakes investments to expand and modernize transmission capacity, with a focus on enabling system stability and integrating variable renewable generation.

In addition to physical network operations, Terna provides a range of technical and engineering services related to grid connection, system balancing and ancillary services that support market functioning.