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

Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 279,000 shares, a decrease of 15.4% from the September 30th total of 329,900 shares. Based on an average daily volume of 900 shares, the short-interest ratio is currently 310.0 days.

Chubu Electric Power Price Performance

Shares of CHUEF stock remained flat at $10.45 during trading hours on Wednesday. The business has a 50-day moving average of $11.34 and a 200-day moving average of $11.96. Chubu Electric Power has a 12-month low of $10.33 and a 12-month high of $13.99.

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.