Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Sees Large Decline in Short Interest

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 769 shares, a decrease of 91.7% from the June 30th total of 9,227 shares. Based on an average trading volume of 4,047 shares, the short-interest ratio is presently 0.2 days.

Kyushu Electric Power Stock Up 0.8%

Shares of Kyushu Electric Power stock traded up $0.09 on Friday, reaching $11.05. 669 shares of the company were exchanged, compared to its average volume of 4,114. The stock has a fifty day moving average price of $10.88 and a 200-day moving average price of $11.39. Kyushu Electric Power has a fifty-two week low of $9.10 and a fifty-two week high of $14.06.

Kyushu Electric Power Company Profile

Kyushu Electric Power Company, Incorporated in June 1951, is one of Japan’s ten regional electric utilities. Headquartered in Fukuoka, the company’s core business centers on the generation, transmission and distribution of electricity across the Kyushu region, which includes Fukuoka, Nagasaki, Kumamoto, Oita, Saga, Miyazaki and Kagoshima prefectures.

On the generation side, Kyushu Electric Power maintains a diversified portfolio that includes thermal power stations fueled by coal, oil and natural gas, multiple hydroelectric facilities, and the Sendai Nuclear Power Plant in Kagoshima Prefecture—Japan’s first nuclear plant to restart under post-Fukushima safety standards.