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

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 20,000 shares, a decrease of 28.6% from the January 31st total of 28,000 shares. Based on an average daily trading volume, of 27,300 shares, the short-interest ratio is presently 0.7 days.

Kansai Electric Power Price Performance

KAEPY traded up $0.37 on Wednesday, reaching $6.30. The stock had a trading volume of 4,785 shares, compared to its average volume of 12,027. The firm has a 50-day moving average of $5.71 and a 200-day moving average of $7.01. Kansai Electric Power has a fifty-two week low of $5.10 and a fifty-two week high of $9.30.

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.