Tenaga Nasional Berhad (OTCMKTS:TNABY) Short Interest Update

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

Tenaga Nasional Berhad Price Performance

TNABY opened at $15.65 on Friday. Tenaga Nasional Berhad has a 12 month low of $11.60 and a 12 month high of $15.70. The stock has a market cap of $22.64 billion, a P/E ratio of 35.57 and a beta of -0.40. The stock’s 50 day moving average price is $14.53 and its 200 day moving average price is $13.88.

Tenaga Nasional Berhad Company Profile

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.