Terna S.p.A. (OTCMKTS:TEZNY) Short Interest Up 860.9% in November

Terna S.p.A. (OTCMKTS:TEZNY) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 44,200 shares, a growth of 860.9% from the October 31st total of 4,600 shares. Based on an average trading volume of 55,200 shares, the days-to-cover ratio is presently 0.8 days.

Terna Stock Up 0.2 %

Shares of Terna stock traded up $0.06 during trading on Thursday, hitting $25.26. 11,805 shares of the stock traded hands, compared to its average volume of 13,631. Terna has a twelve month low of $23.01 and a twelve month high of $27.21. The company has a fifty day moving average price of $25.90 and a two-hundred day moving average price of $25.34.

Terna Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.3798 per share. This is a positive change from Terna’s previous dividend of $0.19. The ex-dividend date is Friday, November 22nd.

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.