The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY – Get Free Report) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 12,424 shares, a growth of 240.3% from the May 31st total of 3,651 shares. Based on an average daily volume of 3,889 shares, the days-to-cover ratio is currently 3.2 days.
Kansai Electric Power Stock Performance
OTCMKTS KAEPY opened at $7.47 on Friday. The business has a fifty day moving average price of $7.47 and a two-hundred day moving average price of $7.91. Kansai Electric Power has a fifty-two week low of $5.60 and a fifty-two week high of $9.11.
About Kansai Electric Power
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.
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