Short Interest in Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF) Grows By 13.1%

Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 315,600 shares, an increase of 13.1% from the October 15th total of 279,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 3,156.0 days.

Chubu Electric Power Stock Performance

Chubu Electric Power stock remained flat at $10.54 during midday trading on Friday. The company has a 50 day moving average price of $11.14 and a 200-day moving average price of $11.78. Chubu Electric Power has a fifty-two week low of $10.33 and a fifty-two week high of $13.99.

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.