Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF) Short Interest Down 16.6% in February

Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 160,100 shares, a drop of 16.6% from the February 13th total of 191,900 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is currently 114.4 days.

Chubu Electric Power Price Performance

Chubu Electric Power stock opened at $11.11 on Tuesday. The company’s 50 day simple moving average is $10.34 and its 200-day simple moving average is $10.64. Chubu Electric Power has a 1 year low of $9.01 and a 1 year high of $13.99.

Chubu Electric Power Company Profile

Chubu Electric Power Company, Incorporated, together with its subsidiaries, engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally. The company operates through three segments: JERA, Power Grid, and Miraiz. It generates electricity through geothermal, nuclear, hydroelectric, wind, biomass, and solar sources.