Terna S.p.A. (OTCMKTS:TERRF) Short Interest Up 23.9% in December

Terna S.p.A. (OTCMKTS:TERRF) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 10,653,300 shares, a growth of 23.9% from the November 30th total of 8,597,100 shares. Based on an average daily trading volume, of 12,000 shares, the days-to-cover ratio is presently 887.8 days.

Terna Price Performance

TERRF opened at $8.50 on Tuesday. Terna has a 12-month low of $7.23 and a 12-month high of $9.00. The business’s fifty day simple moving average is $8.46 and its 200-day simple moving average is $8.35.

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.