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

Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 19,203 shares, a growth of 238.6% from the June 30th total of 5,672 shares. Based on an average trading volume of 25,815 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.0% of the company’s shares are short sold.

Terna Rete Elettrica Nazionale Stock Performance

OTCMKTS TEZNY opened at $35.11 on Tuesday. The stock has a fifty day simple moving average of $34.94 and a 200 day simple moving average of $34.49. Terna Rete Elettrica Nazionale has a twelve month low of $28.63 and a twelve month high of $36.42.

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.