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 significant increase in short interest in the month of August. As of August 15th, there was short interest totaling 779,800 shares, anincreaseof45.8% from the July 31st total of 535,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ? days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ? days.

Chubu Electric Power Price Performance

Shares of OTCMKTS CHUEF remained flat at $14.06 during mid-day trading on Monday. Chubu Electric Power has a fifty-two week low of $9.01 and a fifty-two week high of $14.06. The stock has a 50-day simple moving average of $12.84 and a 200 day simple moving average of $11.98.

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.