Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY – Get Free Report) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 769 shares, a drop of 91.7% from the June 30th total of 9,227 shares. Based on an average daily trading volume, of 4,047 shares, the short-interest ratio is presently 0.2 days.
Kyushu Electric Power Stock Up 0.8%
OTCMKTS:KYSEY traded up $0.09 during trading hours on Friday, hitting $11.05. 669 shares of the company’s stock traded hands, compared to its average volume of 4,114. Kyushu Electric Power has a twelve month low of $9.10 and a twelve month high of $14.06. The stock’s fifty day moving average price is $10.88 and its two-hundred day moving average price is $11.39.
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.
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