Terna S.p.A. (OTCMKTS:TEZNY – Get Free Report) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 2,800 shares, a decrease of 82.7% from the November 30th total of 16,200 shares. Based on an average daily trading volume, of 66,900 shares, the short-interest ratio is currently 0.0 days.
Terna Trading Up 0.7 %
TEZNY stock traded up $0.10 during mid-day trading on Thursday, hitting $23.87. 47,196 shares of the company were exchanged, compared to its average volume of 15,633. Terna has a 1-year low of $22.94 and a 1-year high of $27.21. The business has a 50 day simple moving average of $25.11 and a 200-day simple moving average of $25.23.
Terna Increases Dividend
The company also recently declared a dividend, which was paid on Thursday, December 5th. Investors of record on Friday, November 22nd were issued a dividend of $0.3798 per share. This is a boost from Terna’s previous dividend of $0.19. The ex-dividend date was Friday, November 22nd.
Terna Company Profile
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.
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