The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) Short Interest Up 763.6% in June

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 9,500 shares, a growth of 763.6% from the June 15th total of 1,100 shares. Based on an average trading volume of 51,500 shares, the days-to-cover ratio is presently 0.2 days.

Kansai Electric Power Trading Up 2.8 %

Kansai Electric Power stock traded up $0.24 during mid-day trading on Thursday, hitting $8.55. 11,729 shares of the company’s stock were exchanged, compared to its average volume of 8,852. Kansai Electric Power has a 1-year low of $7.76 and a 1-year high of $8.97. The stock has a 50 day moving average of $7.05 and a two-hundred day moving average of $6.64.

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.