Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF) Sees Large Increase in Short Interest

Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 183,500 shares, an increase of 16.1% from the December 15th total of 158,000 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is presently 229.4 days.

Chubu Electric Power Price Performance

Shares of CHUEF stock traded down $1.89 during mid-day trading on Friday, reaching $9.01. The stock had a trading volume of 100 shares, compared to its average volume of 200. Chubu Electric Power has a one year low of $9.01 and a one year high of $13.99. The firm’s 50 day simple moving average is $10.34 and its 200 day simple moving average is $11.12.

Chubu Electric Power Company Profile

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.