Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Short Interest Update

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) saw 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 days-to-cover ratio is presently 0.2 days.

Kyushu Electric Power Stock Performance

Shares of OTCMKTS KYSEY traded up $0.55 during mid-day trading on Monday, reaching $10.76. 2,820 shares of the company were exchanged, compared to its average volume of 4,715. The company’s 50-day simple moving average is $11.27 and its 200-day simple moving average is $11.50. Kyushu Electric Power has a twelve month low of $8.29 and a twelve month high of $14.06.

Kyushu Electric Power (OTCMKTS:KYSEY) last posted 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.