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

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

Kyushu Electric Power Stock Performance

Shares of Kyushu Electric Power stock opened at $10.21 on Friday. Kyushu Electric Power has a twelve month low of $8.29 and a twelve month high of $14.06. The business has a 50-day moving average price of $11.29 and a 200 day moving average price of $11.50.

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