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

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 9,227 shares, a growth of 926.4% from the June 15th total of 899 shares. Based on an average trading volume of 6,108 shares, the short-interest ratio is currently 1.5 days.

Kyushu Electric Power Price Performance

Shares of OTCMKTS:KYSEY opened at $10.11 on Friday. The firm has a fifty day moving average price of $10.91 and a two-hundred day moving average price of $11.40. Kyushu Electric Power has a one year low of $9.10 and a one year high of $14.06.

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.