Tenaga Nasional Berhad (OTCMKTS:TNABY – Get Free Report) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 396 shares, an increase of 676.5% from the May 14th total of 51 shares. Based on an average daily trading volume, of 417 shares, the short-interest ratio is currently 0.9 days. Approximately 0.0% of the company’s stock are sold short.
Tenaga Nasional Berhad Price Performance
Shares of TNABY remained flat at $13.76 during trading hours on Wednesday. The stock had a trading volume of 327 shares, compared to its average volume of 1,942. The company’s 50-day moving average is $14.77 and its two-hundred day moving average is $14.26. Tenaga Nasional Berhad has a 12-month low of $11.60 and a 12-month high of $15.70. The stock has a market capitalization of $19.91 billion, a PE ratio of 31.27 and a beta of -0.37.
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.
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