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

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 2,300 shares, a decrease of 88.5% from the February 13th total of 20,000 shares. Based on an average trading volume of 14,200 shares, the short-interest ratio is presently 0.2 days.

Kansai Electric Power Trading Up 1.9 %

OTCMKTS:KAEPY traded up $0.12 during mid-day trading on Wednesday, hitting $6.25. 4,771 shares of the company’s stock were exchanged, compared to its average volume of 11,636. Kansai Electric Power has a one year low of $5.10 and a one year high of $9.30. The business has a fifty day moving average price of $5.77 and a 200 day moving average price of $6.92.

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.