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

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 700 shares, a growth of 133.3% from the November 15th total of 300 shares. Based on an average daily trading volume, of 16,200 shares, the days-to-cover ratio is presently 0.0 days.

Kansai Electric Power Stock Up 0.5 %

OTCMKTS:KAEPY traded up $0.03 during mid-day trading on Thursday, hitting $5.73. 7,121 shares of the company’s stock were exchanged, compared to its average volume of 11,726. Kansai Electric Power has a fifty-two week low of $5.56 and a fifty-two week high of $9.30. The company has a 50 day simple moving average of $7.47 and a 200-day simple moving average of $7.93.

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.