Short Interest in Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Expands By 349.4%

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 5,384 shares, an increase of 349.4% from the April 15th total of 1,198 shares. Based on an average trading volume of 5,803 shares, the short-interest ratio is presently 0.9 days.

Kyushu Electric Power Stock Up 4.4%

Kyushu Electric Power stock traded up $0.53 during trading on Friday, reaching $12.53. 1,217 shares of the company’s stock were exchanged, compared to its average volume of 4,986. Kyushu Electric Power has a 52-week low of $8.29 and a 52-week high of $14.06. The company’s 50-day moving average is $11.43 and its two-hundred day moving average is $11.35.

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