Short Interest in Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Drops By 60.8%

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 2,112 shares, a drop of 60.8% from the April 30th total of 5,384 shares. Based on an average daily trading volume, of 3,766 shares, the short-interest ratio is presently 0.6 days.

Kyushu Electric Power Stock Down 11.1%

Shares of Kyushu Electric Power stock opened at $10.27 on Friday. Kyushu Electric Power has a 12-month low of $8.29 and a 12-month high of $14.06. The company has a 50-day moving average of $11.41 and a two-hundred day moving average of $11.44.

Kyushu Electric Power (OTCMKTS:KYSEY) last issued its earnings results on Wednesday, May 13th. The company reported $999.00 earnings per share (EPS) for the quarter.

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.