Short Interest in Técnicas Reunidas, S.A. (OTCMKTS:TNISF) Increases By 74.0%

Técnicas Reunidas, S.A. (OTCMKTS:TNISFGet Free Report) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 81,891 shares, an increase of 74.0% from the June 30th total of 47,063 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Técnicas Reunidas Stock Performance

OTCMKTS TNISF opened at $40.00 on Friday. Técnicas Reunidas has a 52-week low of $11.38 and a 52-week high of $40.00. The company’s fifty day moving average is $40.00 and its two-hundred day moving average is $38.30.

Técnicas Reunidas Company Profile

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Técnicas Reunidas SA is a leading Spanish engineering and construction company specializing in large‐scale projects for the energy and industrial sectors. Headquartered in Madrid, the firm traces its origins to 1959, when it was established to support Spain’s growing petrochemical and oil refining industries. Over the decades, Técnicas Reunidas has expanded its technical capabilities to cover a wide range of activities from upstream oil and gas to downstream petrochemicals and power generation.

The company’s core business centers on engineering, procurement and construction (EPC) services.

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