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 increase in short interest during the month of December. As of December 15th, there was short interest totalling 900 shares, an increase of 28.6% from the November 30th total of 700 shares. Based on an average daily trading volume, of 25,600 shares, the short-interest ratio is presently 0.0 days.

Kansai Electric Power Stock Performance

Shares of Kansai Electric Power stock traded up $0.20 during trading on Tuesday, reaching $5.53. The company had a trading volume of 9,122 shares, compared to its average volume of 11,850. Kansai Electric Power has a fifty-two week low of $5.10 and a fifty-two week high of $9.30. The firm’s fifty day moving average is $6.70 and its 200-day moving average is $7.87.

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.