Short Interest in Tenaga Nasional Berhad (OTCMKTS:TNABY) Declines By 96.8%

Tenaga Nasional Berhad (OTCMKTS:TNABY) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 100 shares, a drop of 96.8% from the November 15th total of 3,100 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 0.1 days.

Tenaga Nasional Berhad Price Performance

OTCMKTS TNABY remained flat at $11.26 during trading hours on Friday. 54 shares of the company’s stock were exchanged, compared to its average volume of 333. The company has a market capitalization of $16.29 billion, a PE ratio of 24.48 and a beta of -0.14. The firm has a fifty day moving average price of $13.25 and a 200-day moving average price of $12.74. Tenaga Nasional Berhad has a 52 week low of $7.94 and a 52 week high of $15.24.

Tenaga Nasional Berhad Company Profile

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.