What’s Propelling TRASMISSIONE ELETTRICITA RETE NAZIONALE (OTCMKTS:TERRF) After Lower Shorts Reported?

July 14, 2018 - By Jimmy Baldridge

Terna - Rete Elettrica Nazionale Società per Azioni (OTCMKTS:TERRF) Logo

The stock of TRASMISSIONE ELETTRICITA RETE NAZIONALE (OTCMKTS:TERRF) registered a decrease of 5.92% in short interest. TERRF’s total short interest was 25.26M shares in July as published by FINRA. Its down 5.92% from 26.85M shares, reported previously. With 8,400 shares average volume, it will take short sellers 3007 days to cover their TERRF’s short positions. The short interest to TRASMISSIONE ELETTRICITA RETE NAZIONALE’s float is 1.79%.

It closed at $5.4 lastly. It is down 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

TERNA – Rete Elettrica Nazionale Societ?? per Azioni, together with its subsidiaries, operates in the electrical energy transmission and dispatching sector in Italy and internationally. The company has market cap of $11.11 billion. It engages in the design, development, construction, management, operation, and maintenance of grid structures, high voltage power lines, plants and equipment, and other infrastructures for the dispatch and transmission of electricity. It has a 13.57 P/E ratio. The firm is also involved in the production, repair, and sale of electrical and electromechanical instruments and machinery; and sale of industrial and power electrical transformers.

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