Short Interest in The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) Increases By 121.1%

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 21,000 shares, an increase of 121.1% from the June 30th total of 9,500 shares. Based on an average daily trading volume, of 11,100 shares, the days-to-cover ratio is currently 1.9 days.

Kansai Electric Power Price Performance

Shares of OTCMKTS:KAEPY traded down $0.37 during trading hours on Friday, hitting $8.18. The stock had a trading volume of 23,461 shares, compared to its average volume of 21,338. The stock’s fifty day simple moving average is $7.59 and its 200 day simple moving average is $6.82. Kansai Electric Power has a 1-year low of $7.76 and a 1-year high of $9.06.

Kansai Electric Power Company Profile

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.