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

Técnicas Reunidas, S.A. (OTCMKTS:TNISF) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 1,000 shares, a decrease of 37.5% from the February 13th total of 1,600 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Técnicas Reunidas Price Performance

Shares of TNISF stock opened at $15.00 on Friday. The stock has a 50 day simple moving average of $13.42 and a 200-day simple moving average of $10.56. Técnicas Reunidas has a 1-year low of $11.38 and a 1-year 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.