Tenaga Nasional Berhad (OTCMKTS:TNABY) Short Interest Up ? in August

Tenaga Nasional Berhad (OTCMKTS:TNABY) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 102 shares, an increase of ? from the July 30th total of 0 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 117 shares, the short-interest ratio is currently 0.9 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Tenaga Nasional Berhad to a “hold” rating in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

Tenaga Nasional Berhad Stock Performance

OTCMKTS TNABY opened at $15.24 on Monday. The company has a market cap of $22.05 billion, a PE ratio of 54.44 and a beta of -0.35. Tenaga Nasional Berhad has a 12 month low of $11.60 and a 12 month high of $15.70. The stock has a 50 day moving average of $14.70 and a 200-day moving average of $14.61.

About Tenaga Nasional Berhad

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.