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 significant decline in short interest in November. As of November 30th, there was short interest totalling 163,400 shares, a decline of 46.4% from the November 15th total of 304,800 shares. Based on an average daily trading volume, of 12,100 shares, the days-to-cover ratio is currently 13.5 days.

Chubu Electric Power Stock Performance

Shares of CHUEF stock remained flat at $10.44 during trading hours on Friday. 2,200 shares of the company were exchanged, compared to its average volume of 4,042. Chubu Electric Power has a 12-month low of $9.61 and a 12-month high of $13.99. The stock has a 50-day moving average price of $10.33 and a two-hundred day moving average price of $11.49.

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.