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

Técnicas Reunidas, S.A. (OTCMKTS:TNISF) was the recipient of a significant increase in short interest during the month of 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 daily volume of 100 shares, the days-to-cover ratio is presently 16.0 days.

Técnicas Reunidas Stock Performance

Shares of Técnicas Reunidas stock remained flat at $15.00 on Wednesday. The company has a 50 day simple moving average of $12.85 and a 200-day simple moving average of $10.19. Técnicas Reunidas has a 1 year low of $11.38 and a 1 year high of $15.00.

Técnicas Reunidas Company Profile

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.