Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Short Interest Down 49.4% in May

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 1,068 shares, a drop of 49.4% from the May 14th total of 2,112 shares. Based on an average daily trading volume, of 4,600 shares, the short-interest ratio is currently 0.2 days.

Kyushu Electric Power Trading Down 20.5%

OTCMKTS KYSEY opened at $10.21 on Friday. The stock has a 50-day simple moving average of $11.29 and a two-hundred day simple moving average of $11.50. Kyushu Electric Power has a fifty-two week low of $8.29 and a fifty-two week high of $14.06.

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

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.