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

Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 4,382 shares, a decrease of 35.9% from the August 31st total of 6,839 shares. Based on an average daily volume of 103,948 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Terna Rete Elettrica Nazionale to a “hold” rating in a research report on Friday, September 18th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Terna Rete Elettrica Nazionale has an average rating of “Hold”.

Terna Rete Elettrica Nazionale Stock Performance

OTCMKTS TEZNY opened at $30.87 on Friday. The stock’s 50 day simple moving average is $33.19 and its 200 day simple moving average is $34.32. Terna Rete Elettrica Nazionale has a one year low of $29.93 and a one year high of $36.42.

Terna Rete Elettrica Nazionale Company Profile

Terna Rete Elettrica Nazionale S.p.A., commonly known as Terna, is Italy’s electricity transmission system operator. The company owns, operates, and maintains the country’s high- and extra-high-voltage electricity transmission network, helping transport power from generation facilities to distribution networks and major industrial users.

Terna’s activities include managing the real-time flow of electricity, maintaining grid reliability and security, planning and developing transmission infrastructure, and coordinating cross-border interconnections.