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

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

Chubu Electric Power Stock Performance

Shares of OTCMKTS:CHUEF traded down $1.89 on Friday, reaching $9.01. 100 shares of the company’s stock were exchanged, compared to its average volume of 200. Chubu Electric Power has a twelve month low of $9.01 and a twelve month high of $13.99. The company has a fifty day moving average of $10.31 and a 200-day moving average of $11.10.

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.