Short Interest in The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) Rises By 107.4%

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) saw a significant increase in short interest in the month of 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 currently 0.1 days. Based on an average daily trading volume, of 24,755 shares, the days-to-cover ratio is currently 0.1 days.

Kansai Electric Power Stock Up 0.2%

KAEPY traded up $0.02 on Monday, reaching $7.99. The stock had a trading volume of 160 shares, compared to its average volume of 12,315. The business’s 50-day moving average price is $7.89 and its two-hundred day moving average price is $7.12. Kansai Electric Power has a 12-month low of $4.84 and a 12-month high of $8.43.

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.