Electric Power Development Co., Ltd. (OTCMKTS:EPWDF) Sees Large Drop in Short Interest

Electric Power Development Co., Ltd. (OTCMKTS:EPWDF) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 158,158 shares, a drop of 68.7% from the April 30th total of 505,909 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Electric Power Development Stock Performance

Shares of OTCMKTS:EPWDF remained flat at $15.39 during trading on Friday. Electric Power Development has a 52 week low of $14.60 and a 52 week high of $16.49. The company has a 50-day simple moving average of $15.39 and a 200-day simple moving average of $15.39.

About Electric Power Development

Electric Power Development Co, Ltd., commonly known as J-POWER, is a Japan-based independent power producer engaged primarily in the generation and sale of electricity. The company operates a diversified portfolio of thermal, hydroelectric, nuclear and renewable energy facilities, providing baseload and peak power to utilities and industrial customers. Its thermal power stations utilize coal, natural gas and oil, while its hydroelectric plants draw on river systems across Japan. In addition to conventional generation, J-POWER has expanded into wind, geothermal and biomass projects to support the transition to a lower-carbon energy mix.

Founded in 1952 and headquartered in Chiyoda-ku, Tokyo, J-POWER has grown from a domestic power generator into a global energy developer.