Short Interest in The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) Drops By 26.1%

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 1,700 shares, a drop of 26.1% from the February 28th total of 2,300 shares. Based on an average daily volume of 13,300 shares, the short-interest ratio is presently 0.1 days.

Kansai Electric Power Trading Up 6.0 %

Kansai Electric Power stock opened at $6.66 on Friday. Kansai Electric Power has a 12-month low of $5.10 and a 12-month high of $9.30. The business’s 50-day simple moving average is $6.01 and its 200 day simple moving average is $6.72.

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.