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

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 4,800 shares, a growth of 41.2% from the August 15th total of 3,400 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is currently 2.2 days. Based on an average daily volume of 2,200 shares, the short-interest ratio is currently 2.2 days.

Kansai Electric Power Price Performance

Shares of Kansai Electric Power stock opened at $7.94 on Thursday. Kansai Electric Power has a 1 year low of $4.84 and a 1 year high of $9.30. The company’s fifty day moving average is $6.79 and its two-hundred day moving average is $6.18.

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.