Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Sees Large Growth in Short Interest

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 4,388 shares, an increase of 205.1% from the September 15th total of 1,438 shares. Based on an average daily volume of 6,912 shares, the short-interest ratio is presently 0.6 days.

Kyushu Electric Power Stock Performance

KYSEY opened at $13.23 on Wednesday. The business has a 50 day moving average price of $13.36 and a two-hundred day moving average price of $11.93. Kyushu Electric Power has a 1-year low of $9.80 and a 1-year high of $19.00.

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

Kyushu Electric Power Company Profile

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.