The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) Short Interest Up 483.3% in January

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) saw a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 28,000 shares, an increase of 483.3% from the January 15th total of 4,800 shares. Based on an average daily volume of 23,800 shares, the short-interest ratio is presently 1.2 days.

Kansai Electric Power Stock Performance

Shares of OTCMKTS KAEPY traded up $0.18 during mid-day trading on Wednesday, reaching $5.90. 6,346 shares of the company were exchanged, compared to its average volume of 11,657. The company’s 50 day moving average price is $5.67 and its 200 day moving average price is $7.28. Kansai Electric Power has a 52 week low of $5.10 and a 52 week high of $9.30.

About Kansai Electric Power

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.