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

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY – Get Free Report) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 1,777 shares, a drop of 59.5% from the September 30th total of 4,388 shares. Based on an average trading volume of 3,039 shares, the days-to-cover ratio is presently 0.6 days.

Kyushu Electric Power Stock Performance

KYSEY stock opened at $12.75 on Thursday. Kyushu Electric Power has a 52-week low of $9.80 and a 52-week high of $19.00. The business has a 50-day simple moving average of $13.50 and a two-hundred day simple moving average of $11.97.

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

About Kyushu Electric Power

(Get Free Report)

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.

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