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

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 20,000 shares, a decline of 28.6% from the January 31st total of 28,000 shares. Based on an average daily volume of 27,300 shares, the days-to-cover ratio is currently 0.7 days.

Kansai Electric Power Stock Up 6.2 %

Shares of OTCMKTS KAEPY traded up $0.37 during midday trading on Wednesday, reaching $6.30. The company’s stock had a trading volume of 4,785 shares, compared to its average volume of 12,027. Kansai Electric Power has a fifty-two week low of $5.10 and a fifty-two week high of $9.30. The business’s 50 day moving average price is $5.71 and its two-hundred day moving average price is $7.01.

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.