Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF) Sees Significant Growth in Short Interest

Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 596,700 shares, a growth of 61.8% from the September 15th total of 368,800 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 5,967.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 5,967.0 days.

Chubu Electric Power Price Performance

CHUEF opened at $13.73 on Friday. Chubu Electric Power has a 12 month low of $9.01 and a 12 month high of $14.06. The business has a fifty day moving average price of $13.56 and a 200 day moving average price of $12.64.

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.