Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF – Get Free Report) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 454,434 shares, a decrease of 60.9% from the June 30th total of 1,163,544 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Chubu Electric Power Stock Performance
Shares of CHUEF opened at $17.45 on Monday. The company’s 50 day simple moving average is $17.43 and its 200-day simple moving average is $16.16. Chubu Electric Power has a 12-month low of $10.17 and a 12-month high of $17.45.
About Chubu Electric Power
Chubu Electric Power Co, Ltd. is a major Japanese electric utility company headquartered in Nagoya, Aichi Prefecture. Established in 1951, the company serves the central Japan regions of Chubu, including Aichi, Gifu, Shizuoka and parts of Mie Prefecture. Through its extensive power grid, Chubu Electric Power is responsible for generating, transmitting and distributing electricity to residential, commercial and industrial customers, supporting one of the country’s most densely populated and industrialized areas.
The company’s power generation portfolio spans thermal, hydroelectric, nuclear and renewable energy sources.
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