The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY – Get Free Report) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 2,412 shares, a decrease of 53.7% from the August 31st total of 5,211 shares. Based on an average trading volume of 3,852 shares, the short-interest ratio is presently 0.6 days.
Kansai Electric Power Trading Down 2.0%
KAEPY traded down $0.17 during trading on Tuesday, hitting $8.67. The company had a trading volume of 187 shares, compared to its average volume of 3,547. Kansai Electric Power has a one year low of $6.67 and a one year high of $9.99. The firm’s 50-day moving average price is $8.36 and its 200 day moving average price is $7.88.
Kansai Electric Power Company Profile
Kansai Electric Power Company, Inc is a Japanese energy and utility company headquartered in Osaka. Established in 1951, the company supplies electricity primarily to the Kansai region of Japan, serving residential, commercial and industrial customers.
The company’s operations include electricity generation, transmission and distribution, as well as the sale of electricity and related energy services. Its generation portfolio includes nuclear, thermal, hydroelectric and renewable energy facilities.
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