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

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

Kansai Electric Power Price Performance

KAEPY stock traded down $0.46 during trading on Monday, reaching $5.41. 26,278 shares of the stock traded hands, compared to its average volume of 13,496. The business’s 50 day moving average price is $6.17 and its 200-day moving average price is $7.73. 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.