The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) Short Interest Update

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 3,595 shares, an increase of 107.4% from the November 30th total of 1,733 shares. Based on an average daily trading volume, of 24,755 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 24,755 shares, the days-to-cover ratio is presently 0.1 days.

Kansai Electric Power Price Performance

Kansai Electric Power stock traded up $0.11 during midday trading on Friday, reaching $8.08. The company’s stock had a trading volume of 1,262 shares, compared to its average volume of 12,315. Kansai Electric Power has a fifty-two week low of $4.84 and a fifty-two week high of $8.43. The stock’s 50 day simple moving average is $7.89 and its 200 day simple moving average is $7.10.

Kansai Electric Power Company Profile

Kansai Electric Power Co, Inc, commonly known as Kansai Electric Power, is a major Japanese electric utility company primarily engaged in the generation, transmission and distribution of electricity. The company serves the Kansai region of Japan, including prefectures such as Osaka, Kyoto, Hyogo and Nara, supplying power to residential, commercial and industrial customers. Through its integrated network, Kansai Electric Power manages the flow of electricity from generation facilities to end users and provides grid-related services to maintain reliable supply across urban centers and surrounding areas.

The company operates a diversified fleet of power plants, encompassing nuclear, thermal, hydroelectric and renewable energy installations.