Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Shares Shorted: Short Interest Up 205.1% in September

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY – Get Free Report) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 4,388 shares, an increase of 205.1% from the September 15th total of 1,438 shares. Based on an average daily volume of 6,912 shares, the short-interest ratio is currently 0.6 days.

Kyushu Electric Power Stock Performance

Shares of KYSEY opened at $13.24 on Tuesday. Kyushu Electric Power has a 52-week low of $9.80 and a 52-week high of $19.00. The business’s fifty day moving average is $13.33 and its 200-day moving average is $11.93.

Kyushu Electric Power (OTCMKTS:KYSEY – Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter. The company had revenue of $3.34 billion for the quarter.

Kyushu Electric Power Company Profile

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Kyushu Electric Power Co, Inc is a Japanese integrated energy company headquartered in Fukuoka, Japan. Through its group companies, it generates, transmits, distributes and sells electricity primarily across Kyushu, one of Japan’s major islands. Its generation portfolio includes nuclear, thermal, hydroelectric and renewable energy facilities.

The company supplies electricity to residential, commercial and industrial customers and is also expanding activities in areas such as renewable power, energy solutions and overseas energy projects.

Further Reading

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