Is Buying TRASMISSIONE ELETTRICITA RETE NAZIONALE (OTCMKTS:TERRF) Here Good Idea?

April 16, 2018 - By Hazel Jackson

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

The stock of TRASMISSIONE ELETTRICITA RETE NAZIONALE (OTCMKTS:TERRF) registered an increase of 6.47% in short interest. TERRF’s total short interest was 30.30M shares in April as published by FINRA. Its up 6.47% from 28.46M shares, reported previously. With 800 shares average volume, it will take short sellers 37880 days to cover their TERRF’s short positions. The short interest to TRASMISSIONE ELETTRICITA RETE NAZIONALE’s float is 2.15%.

It closed at $5.75 lastly. It is down 0.00% since April 16, 2017 and is . It has underperformed by 11.55% 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 $11.85 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 13.89 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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