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

Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEFGet Free Report) 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

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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.

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