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

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

Tenaga Nasional Berhad Stock Performance

Shares of TNABY remained flat at $11.26 during trading hours on Friday. The company had a trading volume of 54 shares, compared to its average volume of 333. The stock has a 50-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. The firm has a market capitalization of $16.29 billion, a P/E ratio of 24.48 and a beta of -0.14.

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.