Tenaga Nasional Berhad (OTCMKTS:TNABY) Short Interest Update

Tenaga Nasional Berhad (OTCMKTS:TNABY) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 396 shares, a growth of 676.5% from the May 14th total of 51 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 417 shares, the short-interest ratio is currently 0.9 days.

Tenaga Nasional Berhad Trading Up 2.3%

OTCMKTS:TNABY opened at $14.07 on Friday. The company has a market capitalization of $20.36 billion, a P/E ratio of 31.98 and a beta of -0.37. Tenaga Nasional Berhad has a 12 month low of $11.60 and a 12 month high of $15.70. The business’s 50-day moving average is $14.77 and its 200 day moving average is $14.28.

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.