Short Interest in Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Drops By 91.7%

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 769 shares, a decrease of 91.7% from the June 30th total of 9,227 shares. Based on an average trading volume of 4,047 shares, the short-interest ratio is presently 0.2 days.

Kyushu Electric Power Stock Up 0.8%

Shares of OTCMKTS KYSEY opened at $11.05 on Friday. The firm’s 50-day moving average price is $10.88 and its 200-day moving average price is $11.39. Kyushu Electric Power has a 52-week low of $9.10 and a 52-week high of $14.06.

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.