Terna – Rete Elettrica Nazionale Società per Azioni (OTCMKTS:TEZNY) Short Interest Update

Terna – Rete Elettrica Nazionale Società per Azioni (OTCMKTS:TEZNY) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 2,500 shares, a decline of 74.0% from the September 15th total of 9,600 shares. Based on an average daily volume of 61,100 shares, the days-to-cover ratio is currently 0.0 days.

Several equities analysts have recently issued reports on the company. Barclays reissued an “equal weight” rating on shares of Terna – Rete Elettrica Nazionale Società per Azioni in a research note on Thursday, August 26th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Terna – Rete Elettrica Nazionale Società per Azioni in a research note on Monday, August 2nd. Morgan Stanley reissued an “underweight” rating on shares of Terna – Rete Elettrica Nazionale Società per Azioni in a research note on Monday, June 21st. Societe Generale reissued a “buy” rating on shares of Terna – Rete Elettrica Nazionale Società per Azioni in a research note on Friday, September 10th. Finally, Deutsche Bank Aktiengesellschaft raised Terna – Rete Elettrica Nazionale Società per Azioni from a “hold” rating to a “buy” rating in a research note on Tuesday, June 22nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Terna – Rete Elettrica Nazionale Società per Azioni has an average rating of “Hold”.

TEZNY stock traded up $0.25 during midday trading on Thursday, hitting $21.77. The stock had a trading volume of 15,881 shares, compared to its average volume of 21,916. The business has a 50-day moving average of $23.32 and a two-hundred day moving average of $22.98. Terna – Rete Elettrica Nazionale Società per Azioni has a 52-week low of $20.05 and a 52-week high of $25.47.

About Terna – Rete Elettrica Nazionale Società per Azioni

TERNA Rete Elettrica Nazionale SpA engages in the grid operation for the transmission of electricity. It manages electricity transmission in Italy. It provides entire electricity system and for guaranteeing the supply of electricity to all companies and private individuals. The company was founded in 1962 and is headquartered in Rome, Italy.

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