Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF – Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 454,434 shares, a drop of 60.9% from the June 30th total of 1,163,544 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.
Chubu Electric Power Stock Performance
Shares of CHUEF stock opened at $17.45 on Wednesday. The firm’s 50 day moving average is $17.45 and its 200 day moving average is $16.21. Chubu Electric Power has a 12 month low of $10.17 and a 12 month high of $17.45.
Chubu Electric Power Company Profile
Chubu Electric Power Co, Ltd. is a major Japanese electric utility company headquartered in Nagoya, Aichi Prefecture. Established in 1951, the company serves the central Japan regions of Chubu, including Aichi, Gifu, Shizuoka and parts of Mie Prefecture. Through its extensive power grid, Chubu Electric Power is responsible for generating, transmitting and distributing electricity to residential, commercial and industrial customers, supporting one of the country’s most densely populated and industrialized areas.
The company’s power generation portfolio spans thermal, hydroelectric, nuclear and renewable energy sources.
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