Tenaga Nasional Berhad (OTCMKTS:TNABY) Short Interest Update

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 presently 0.1 days.

Tenaga Nasional Berhad Price Performance

TNABY traded down $0.74 during trading on Wednesday, hitting $11.26. 654 shares of the company traded hands, compared to its average volume of 998. Tenaga Nasional Berhad has a one year low of $7.94 and a one year high of $15.24. The stock’s fifty day moving average is $13.32 and its 200 day moving average is $12.76.

Tenaga Nasional Berhad Cuts Dividend

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

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.