Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Sees Significant Decline in Short Interest

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,777 shares, a decrease of 59.5% from the September 30th total of 4,388 shares. Based on an average trading volume of 3,039 shares, the short-interest ratio is currently 0.6 days.

Kyushu Electric Power Price Performance

OTCMKTS:KYSEY remained flat at $12.75 during trading hours on Friday. The business has a 50 day simple moving average of $13.50 and a two-hundred day simple moving average of $11.98. Kyushu Electric Power has a 12-month low of $9.80 and a 12-month high of $19.00.

Kyushu Electric Power (OTCMKTS:KYSEY) last issued its earnings results on Friday, July 31st. The company reported $0.79 earnings per share for the quarter. The company had revenue of $3.34 billion during the quarter.

About Kyushu Electric Power

Kyushu Electric Power Co, Inc is a Japanese integrated energy company headquartered in Fukuoka, Japan. Through its group companies, it generates, transmits, distributes and sells electricity primarily across Kyushu, one of Japan’s major islands. Its generation portfolio includes nuclear, thermal, hydroelectric and renewable energy facilities.

The company supplies electricity to residential, commercial and industrial customers and is also expanding activities in areas such as renewable power, energy solutions and overseas energy projects.