Tenaga Nasional Berhad (OTCMKTS:TNABY - Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 2,100 shares, an increase of 40.0% from the September 30th total of 1,500 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is currently 1.2 days.
Tenaga Nasional Berhad Price Performance
Tenaga Nasional Berhad stock remained flat at $13.85 during trading on Friday. The company had a trading volume of 15 shares, compared to its average volume of 751. Tenaga Nasional Berhad has a 52-week low of $7.94 and a 52-week high of $15.24. The stock has a market capitalization of $20.04 billion, a PE ratio of 30.12 and a beta of -0.15. The stock has a fifty day moving average price of $13.95 and a two-hundred day moving average price of $12.15.
Tenaga Nasional Berhad Cuts Dividend
The firm also recently announced a dividend, which will be paid on Monday, October 28th. Shareholders of record on Monday, September 30th will be given a $0.2045 dividend. The ex-dividend date is Monday, September 30th.
About Tenaga Nasional Berhad
(
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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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