Korea Electric Power Co. (NYSE:KEP) Short Interest Update

Korea Electric Power Co. (NYSE:KEP) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 714,800 shares, a growth of 5.2% from the January 15th total of 679,300 shares. Based on an average daily volume of 203,600 shares, the short-interest ratio is currently 3.5 days.

Institutional Trading of Korea Electric Power

Several institutional investors have recently bought and sold shares of KEP. Blue Trust Inc. raised its holdings in Korea Electric Power by 196.6% in the third quarter. Blue Trust Inc. now owns 50,006 shares of the utilities provider’s stock worth $355,000 after buying an additional 33,144 shares during the last quarter. Private Advisor Group LLC bought a new stake in shares of Korea Electric Power during the third quarter valued at approximately $114,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Korea Electric Power by 46.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,185 shares of the utilities provider’s stock worth $9,259,000 after acquiring an additional 380,145 shares during the last quarter. Eagle Asset Management Inc. lifted its position in Korea Electric Power by 11.9% in the 3rd quarter. Eagle Asset Management Inc. now owns 48,153 shares of the utilities provider’s stock valued at $381,000 after acquiring an additional 5,131 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in Korea Electric Power by 57.7% during the 3rd quarter. Cerity Partners LLC now owns 76,185 shares of the utilities provider’s stock valued at $591,000 after purchasing an additional 27,870 shares during the last quarter.

Analyst Ratings Changes

Separately, StockNews.com raised Korea Electric Power from a “hold” rating to a “buy” rating in a research report on Saturday, February 1st.

Korea Electric Power Trading Up 1.3 %

NYSE KEP opened at $7.46 on Wednesday. Korea Electric Power has a 12 month low of $6.68 and a 12 month high of $9.55. The company has a current ratio of 0.43, a quick ratio of 0.30 and a debt-to-equity ratio of 2.10. The stock’s fifty day moving average price is $7.16 and its 200-day moving average price is $7.66. The stock has a market cap of $9.57 billion, a P/E ratio of 3.45 and a beta of 1.04.

About Korea Electric Power

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in South Korea and internationally. The company operates through Transmission and Distribution, Nuclear Power Generation, Thermal Power Generation, and Others segments.