Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Short Interest Down 23.5% in March

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 3,280 shares, a decrease of 23.5% from the February 26th total of 4,285 shares. Based on an average trading volume of 6,413 shares, the short-interest ratio is currently 0.5 days.

Kyushu Electric Power Stock Up 0.5%

Shares of KYSEY stock traded up $0.06 during trading on Monday, hitting $11.34. 1,700 shares of the stock traded hands, compared to its average volume of 7,713. Kyushu Electric Power has a 52-week low of $8.29 and a 52-week high of $14.06. The firm’s fifty day moving average price is $11.85 and its 200-day moving average price is $10.91.

Analyst Upgrades and Downgrades

Separately, Daiwa Securities Group lowered shares of Kyushu Electric Power to a “neutral” rating in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

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.