Tenaga Nasional Berhad (OTCMKTS:TNABY) Short Interest Update

Tenaga Nasional Berhad (OTCMKTS:TNABY) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 2,100 shares, an increase of 40.0% from the September 30th total of 1,500 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is currently 1.2 days.

Tenaga Nasional Berhad Trading Down 2.4 %

Shares of OTCMKTS TNABY traded down $0.34 during trading on Tuesday, reaching $13.52. The company had a trading volume of 238 shares, compared to its average volume of 1,035. Tenaga Nasional Berhad has a 12-month low of $7.94 and a 12-month high of $15.24. The business’s 50-day moving average is $13.96 and its 200 day moving average is $12.18.

Tenaga Nasional Berhad Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 28th. Investors of record on Monday, September 30th were given a dividend of $0.2045 per share. The ex-dividend date was Monday, September 30th.

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.