Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Short Interest Update

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 1,068 shares, a decrease of 49.4% from the May 14th total of 2,112 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is currently 0.2 days.

Kyushu Electric Power Trading Down 20.5%

Kyushu Electric Power stock traded down $2.63 during midday trading on Friday, reaching $10.21. The company had a trading volume of 3,162 shares, compared to its average volume of 4,738. Kyushu Electric Power has a 12-month low of $8.29 and a 12-month high of $14.06. The firm’s fifty day simple moving average is $11.29 and its 200-day simple moving average is $11.50.

Kyushu Electric Power (OTCMKTS:KYSEY) last announced its earnings results on Wednesday, May 13th. The company reported $999.00 EPS for the quarter.

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.