Short Interest in Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF) Declines By 60.9%

Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 454,434 shares, a drop of 60.9% from the June 30th total of 1,163,544 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Chubu Electric Power Stock Performance

Shares of Chubu Electric Power stock remained flat at $17.45 on Tuesday. Chubu Electric Power has a 1-year low of $10.17 and a 1-year high of $17.45. The firm’s 50-day moving average price is $17.45 and its two-hundred day moving average price is $16.19.

Chubu Electric Power Company Profile

Chubu Electric Power Co, Ltd. is a major Japanese electric utility company headquartered in Nagoya, Aichi Prefecture. Established in 1951, the company serves the central Japan regions of Chubu, including Aichi, Gifu, Shizuoka and parts of Mie Prefecture. Through its extensive power grid, Chubu Electric Power is responsible for generating, transmitting and distributing electricity to residential, commercial and industrial customers, supporting one of the country’s most densely populated and industrialized areas.

The company’s power generation portfolio spans thermal, hydroelectric, nuclear and renewable energy sources.