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

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totalling 21,000 shares, an increase of 121.1% from the June 30th total of 9,500 shares. Based on an average daily volume of 11,100 shares, the days-to-cover ratio is currently 1.9 days.

Kansai Electric Power Trading Down 4.3 %

OTCMKTS KAEPY traded down $0.37 during mid-day trading on Friday, hitting $8.18. The company’s stock had a trading volume of 23,461 shares, compared to its average volume of 21,338. Kansai Electric Power has a 52-week low of $7.76 and a 52-week high of $9.06. The stock’s fifty day simple moving average is $7.59 and its two-hundred day simple moving average is $6.82.

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.