Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Short Interest Down 97.0% in February

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 4,285 shares, a decrease of 97.0% from the February 12th total of 143,365 shares. Based on an average daily trading volume, of 11,308 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 11,308 shares, the short-interest ratio is currently 0.4 days.

Kyushu Electric Power Stock Performance

KYSEY opened at $11.04 on Thursday. The firm’s 50-day moving average price is $11.85 and its 200-day moving average price is $10.64. Kyushu Electric Power has a 52-week low of $8.29 and a 52-week high of $14.06.

Wall Street Analyst Weigh In

Separately, Daiwa Securities Group lowered Kyushu Electric Power to a “neutral” rating in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

About Kyushu Electric Power

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.