Short Interest in Korea Electric Power Co. (NYSE:KEP) Increases By 10.3%

Korea Electric Power Co. (NYSE:KEP) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 760,800 shares, a growth of 10.3% from the December 15th total of 690,000 shares. Based on an average trading volume of 182,700 shares, the days-to-cover ratio is presently 4.2 days.

Institutional Investors Weigh In On Korea Electric Power

Hedge funds and other institutional investors have recently made changes to their positions in the business. American Century Companies Inc. boosted its stake in Korea Electric Power by 11.8% during the 2nd quarter. American Century Companies Inc. now owns 339,562 shares of the utilities provider’s stock valued at $2,407,000 after purchasing an additional 35,973 shares during the period. Vanguard Personalized Indexing Management LLC grew its stake in shares of Korea Electric Power by 24.7% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 71,471 shares of the utilities provider’s stock worth $506,000 after acquiring an additional 14,136 shares during the last quarter. Sei Investments Co. acquired a new stake in shares of Korea Electric Power in the second quarter worth $462,000. GAMMA Investing LLC grew its stake in shares of Korea Electric Power by 114.7% in the third quarter. GAMMA Investing LLC now owns 6,339 shares of the utilities provider’s stock worth $49,000 after acquiring an additional 3,386 shares during the last quarter. Finally, Atomi Financial Group Inc. grew its stake in shares of Korea Electric Power by 14.3% in the third quarter. Atomi Financial Group Inc. now owns 13,632 shares of the utilities provider’s stock worth $106,000 after acquiring an additional 1,704 shares during the last quarter.

Korea Electric Power Price Performance

NYSE:KEP traded up $0.16 during midday trading on Monday, reaching $7.16. The stock had a trading volume of 147,230 shares, compared to its average volume of 217,564. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.43. Korea Electric Power has a 1-year low of $6.68 and a 1-year high of $9.55. The firm’s fifty day simple moving average is $7.60 and its 200-day simple moving average is $7.66.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Korea Electric Power from a “hold” rating to a “buy” rating in a research note on Thursday, December 5th.

Korea Electric Power Company Profile

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in South Korea and internationally. The company operates through Transmission and Distribution, Nuclear Power Generation, Thermal Power Generation, and Others segments.