Tenaga Nasional Berhad (OTCMKTS:TNABY) Short Interest Up 47.6% in October

Tenaga Nasional Berhad (OTCMKTS:TNABY) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 3,100 shares, an increase of 47.6% from the October 15th total of 2,100 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 3.9 days.

Tenaga Nasional Berhad Price Performance

TNABY remained flat at $12.38 during trading on Thursday. The company’s stock had a trading volume of 20 shares, compared to its average volume of 366. The company’s 50 day moving average price is $14.14 and its 200 day moving average price is $12.44. The company has a market capitalization of $17.92 billion, a PE ratio of 26.92 and a beta of -0.14. Tenaga Nasional Berhad has a 52-week low of $7.94 and a 52-week high of $15.24.

Tenaga Nasional Berhad Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, October 28th. Stockholders of record on Monday, September 30th were paid a $0.2045 dividend. The ex-dividend date was Monday, September 30th.

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.