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

Korea Electric Power Co. (NYSE:KEP) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 446,400 shares, an increase of 6.6% from the March 15th total of 418,800 shares. Based on an average trading volume of 104,900 shares, the short-interest ratio is currently 4.3 days.

Analyst Upgrades and Downgrades

Separately, Citigroup raised Korea Electric Power from a “sell” rating to a “buy” rating in a report on Monday, February 26th.

Institutional Investors Weigh In On Korea Electric Power

Large investors have recently modified their holdings of the business. GAMMA Investing LLC boosted its stake in shares of Korea Electric Power by 137.9% in the 1st quarter. GAMMA Investing LLC now owns 5,522 shares of the utilities provider’s stock valued at $46,000 after purchasing an additional 3,201 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Korea Electric Power in the 4th quarter valued at approximately $152,000. Pathstone Holdings LLC bought a new stake in shares of Korea Electric Power during the fourth quarter worth $277,000. Barometer Capital Management Inc. bought a new stake in shares of Korea Electric Power during the fourth quarter worth $119,000. Finally, Cresset Asset Management LLC increased its holdings in shares of Korea Electric Power by 26.0% during the fourth quarter. Cresset Asset Management LLC now owns 20,538 shares of the utilities provider’s stock worth $149,000 after buying an additional 4,238 shares in the last quarter.

Korea Electric Power Price Performance

KEP traded down $0.16 on Wednesday, hitting $7.34. 135,524 shares of the stock were exchanged, compared to its average volume of 164,559. The company has a current ratio of 0.48, a quick ratio of 0.34 and a debt-to-equity ratio of 2.49. Korea Electric Power has a 12 month low of $5.93 and a 12 month high of $9.55. The business has a 50-day moving average of $8.49 and a two-hundred day moving average of $7.46.

Korea Electric Power (NYSE:KEP) last issued its quarterly earnings results on Tuesday, March 12th. The utilities provider reported $0.73 earnings per share for the quarter. The company had revenue of $17.08 billion during the quarter. Korea Electric Power had a negative net margin of 5.65% and a negative return on equity of 13.27%.

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.