Tenaga Nasional Berhad (OTCMKTS:TNABY) Sees Significant Growth in Short Interest

Tenaga Nasional Berhad (OTCMKTS:TNABY) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 500 shares, a growth of 150.0% from the December 15th total of 200 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is presently 0.7 days.

Tenaga Nasional Berhad Price Performance

Shares of Tenaga Nasional Berhad stock remained flat at $11.27 during midday trading on Thursday. The company had a trading volume of 140 shares, compared to its average volume of 220. The stock’s fifty day moving average is $12.44 and its two-hundred day moving average is $12.91. Tenaga Nasional Berhad has a one year low of $8.52 and a one year high of $15.24.

About Tenaga Nasional Berhad

Tenaga Nasional Berhad engages in the generation, transmission, distribution, and sale of electricity in Malaysia and internationally. The company operates and maintains thermal generation facilities and hydroelectric power generating schemes; and manages and operates the National Grid that is connected to Thailand's transmission system, as well as Singapore's transmission system at Senoko.