Short Interest in Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF) Decreases By 26.7%

Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF) saw a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 319,000 shares, a decrease of 26.7% from the May 15th total of 435,300 shares. Based on an average daily volume of 12,500 shares, the short-interest ratio is presently 25.5 days.

Chubu Electric Power Price Performance

OTCMKTS:CHUEF opened at $10.17 on Friday. The business’s fifty day moving average price is $11.98 and its 200 day moving average price is $10.95. Chubu Electric Power has a 12 month low of $9.01 and a 12 month high of $12.82.

About Chubu Electric Power

Chubu Electric Power Company, Incorporated, together with its subsidiaries, engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally. The company operates through three segments: JERA, Power Grid, and Miraiz. It generates electricity through geothermal, nuclear, hydroelectric, wind, biomass, and solar sources.