The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) Sees Large Growth in Short Interest

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 15,400 shares, an increase of 1,611.1% from the December 31st total of 900 shares. Based on an average daily volume of 25,100 shares, the short-interest ratio is presently 0.6 days.

Kansai Electric Power Stock Up 0.6 %

OTCMKTS:KAEPY traded up $0.04 during trading hours on Tuesday, hitting $5.70. 8,130 shares of the company were exchanged, compared to its average volume of 13,646. The company’s 50 day moving average price is $5.75 and its 200-day moving average price is $7.50. Kansai Electric Power has a 52-week low of $5.10 and a 52-week high of $9.30.

Kansai Electric Power Company Profile

The Kansai Electric Power Company, Incorporated engages in electricity, gas and heat supply, and telecommunication businesses in Japan. It operates through four segments: Energy Business, Power Transmission and Distribution Business, Information and Communication Business, and Life and Business Solution Business.