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

Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 160,100 shares, a decline of 16.6% from the February 13th total of 191,900 shares. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is presently 114.4 days.

Chubu Electric Power Stock Performance

Chubu Electric Power stock remained flat at $11.11 during mid-day trading on Wednesday. Chubu Electric Power has a twelve month low of $9.01 and a twelve month high of $13.99. The firm has a fifty day moving average of $10.35 and a two-hundred day moving average of $10.63.

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.