Short Interest in Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Expands By 349.4%

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEYGet Free Report) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 5,384 shares, an increase of 349.4% from the April 15th total of 1,198 shares. Based on an average daily trading volume, of 5,803 shares, the short-interest ratio is presently 0.9 days.

Kyushu Electric Power Price Performance

OTCMKTS:KYSEY opened at $11.67 on Wednesday. The stock’s 50 day simple moving average is $11.44 and its 200-day simple moving average is $11.33. Kyushu Electric Power has a 12-month low of $8.29 and a 12-month high of $14.06.

Kyushu Electric Power Company Profile

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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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