Técnicas Reunidas, S.A. (OTCMKTS:TNISF) Sees Large Increase in Short Interest

Técnicas Reunidas, S.A. (OTCMKTS:TNISF) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 1,600 shares, an increase of 23.1% from the January 31st total of 1,300 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 16.0 days.

Técnicas Reunidas Price Performance

Shares of OTCMKTS:TNISF opened at $15.00 on Friday. The firm’s 50-day simple moving average is $12.99 and its 200-day simple moving average is $10.26. Técnicas Reunidas has a fifty-two week low of $11.38 and a fifty-two week high of $15.00.

About Técnicas Reunidas

Técnicas Reunidas, SA, an engineering and construction company, designs and manages industrial plant projects worldwide. It operates through Oil and Gas, Power, and Other Industries segments. The Oil and Gas segment offers engineering, procurement, and construction services in oil processing operations, and chemical production and processing operations; services related to the natural gas production and extraction value chain, such as production, processing, storage, and transportation; constructs, revamps, and expands refining plants; designs and builds auxiliary services and other refining units; and designs and constructs monomers, polymers and plastics, chemical, and fertilizer producing and processing plants.