Short Interest in Tenaga Nasional Berhad (OTCMKTS:TNABY) Declines By 50.0%

Key Points

• Short interest in Tenaga Nasional Berhad has fallen by 50.0%, from 200 shares on June 30th to 100 shares as of July 15th, indicating decreased bearish sentiment.
• The company's stock price remained flat at $14.19 during trading, with a trading volume of only 39 shares, significantly below its average volume of 1,645.
• Tenaga Nasional Berhad is involved in the generation, transmission, distribution, and sale of electricity both in Malaysia and internationally, managing thermal and hydroelectric power facilities.

Tenaga Nasional Berhad (OTCMKTS:TNABY - ) saw a large decline in short interest in July. As of July 15th, there was short interest totalling 100 shares, a decline of 50.0% from the June 30th total of 200 shares. Based on an average daily volume of 3,500 shares, the short-interest ratio is currently 0.0 days.

Tenaga Nasional Berhad Stock Performance

Shares of OTCMKTS TNABY remained flat at $14.19 during trading on Tuesday. 39 shares of the company's stock traded hands, compared to its average volume of 1,645. Tenaga Nasional Berhad has a 52 week low of $10.95 and a 52 week high of $15.24. The stock has a 50-day moving average price of $13.52 and a two-hundred day moving average price of $13.09.

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.

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