Tenaga Nasional Berhad (OTCMKTS:TNABY) Short Interest Update

Tenaga Nasional Berhad (OTCMKTS:TNABY) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 2,401 shares, a drop of 54.5% from the April 15th total of 5,273 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,323 shares, the short-interest ratio is presently 1.8 days.

Tenaga Nasional Berhad Trading Down 0.6%

Tenaga Nasional Berhad stock opened at $15.55 on Friday. The company has a 50-day moving average price of $14.55 and a 200 day moving average price of $13.89. The stock has a market cap of $22.50 billion, a P/E ratio of 35.34 and a beta of -0.40. Tenaga Nasional Berhad has a 12-month low of $11.60 and a 12-month high of $15.70.

About Tenaga Nasional Berhad

Tenaga Nasional Berhad (OTCMKTS: TNABY) is Malaysia’s largest integrated electricity utility, principally engaged in the generation, transmission, distribution and retail of electricity. The company operates a broad portfolio of power plants and manages the national grid infrastructure that delivers electricity to residential, commercial and industrial customers. Its operations encompass system planning, network operation and maintenance, meter services and customer supply functions typical of a vertically integrated utility.

TNB’s generation assets include thermal and hydroelectric facilities and the company has been expanding its participation in renewable energy and grid modernization initiatives.