Tokyo Gas Co.,Ltd. (OTCMKTS:TKGSY) Sees Significant Drop in Short Interest

Tokyo Gas Co.,Ltd. (OTCMKTS:TKGSY) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 7,201 shares, a decrease of 67.1% from the September 15th total of 21,866 shares. Based on an average daily trading volume, of 10,672 shares, the days-to-cover ratio is currently 0.7 days.

Tokyo Gas Co.,Ltd. Stock Performance

OTCMKTS TKGSY opened at $19.37 on Tuesday. Tokyo Gas Co.,Ltd. has a 12 month low of $16.80 and a 12 month high of $25.42. The company’s 50-day moving average price is $19.57 and its 200-day moving average price is $19.96.

Tokyo Gas Co.,Ltd. (OTCMKTS:TKGSY) last issued its earnings results on Thursday, July 30th. The company reported $0.26 earnings per share for the quarter. The firm had revenue of $4.23 billion during the quarter.

About Tokyo Gas Co.,Ltd.

Tokyo Gas Co, Ltd. is a Japanese energy company that supplies natural gas and electricity to residential, commercial and industrial customers. Its principal business includes the production, procurement, transportation and distribution of city gas, as well as electricity generation and retailing. The company also provides energy-management services, engineering solutions and related equipment for customers seeking more efficient energy use.

Founded in 1885, Tokyo Gas has played a central role in the development of Japan’s urban gas infrastructure.