The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY – Get Free Report) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 12,424 shares, an increase of 240.3% from the May 31st total of 3,651 shares. Based on an average trading volume of 3,889 shares, the days-to-cover ratio is currently 3.2 days.
Kansai Electric Power Stock Performance
Shares of KAEPY opened at $7.47 on Friday. The stock has a fifty day moving average price of $7.47 and a 200 day moving average price of $7.91. Kansai Electric Power has a 12 month low of $5.60 and a 12 month high of $9.11.
Kansai Electric Power Company Profile
Kansai Electric Power Co, Inc, commonly known as Kansai Electric Power, is a major Japanese electric utility company primarily engaged in the generation, transmission and distribution of electricity. The company serves the Kansai region of Japan, including prefectures such as Osaka, Kyoto, Hyogo and Nara, supplying power to residential, commercial and industrial customers. Through its integrated network, Kansai Electric Power manages the flow of electricity from generation facilities to end users and provides grid-related services to maintain reliable supply across urban centers and surrounding areas.
The company operates a diversified fleet of power plants, encompassing nuclear, thermal, hydroelectric and renewable energy installations.
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