Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Short Interest Update

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 143,365 shares, an increase of 27,104.0% from the January 29th total of 527 shares. Based on an average daily volume of 30,261 shares, the short-interest ratio is currently 4.7 days. Based on an average daily volume of 30,261 shares, the short-interest ratio is currently 4.7 days.

Kyushu Electric Power Price Performance

Shares of OTCMKTS:KYSEY opened at $13.03 on Thursday. The stock has a 50 day moving average price of $11.72 and a 200-day moving average price of $10.38. Kyushu Electric Power has a 52-week low of $8.29 and a 52-week high of $14.06.

Wall Street Analyst Weigh In

Separately, Daiwa Securities Group downgraded Kyushu Electric Power to a “neutral” rating in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

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.