The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) Shares Shorted: Short Interest Down 53.7% in September

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 2,412 shares, a decline of 53.7% from the August 31st total of 5,211 shares. Based on an average daily volume of 3,852 shares, the short-interest ratio is currently 0.6 days.

Kansai Electric Power Stock Down 4.7%

OTCMKTS:KAEPY traded down $0.41 during midday trading on Wednesday, hitting $8.45. The stock had a trading volume of 214 shares, compared to its average volume of 3,530. The stock has a 50-day moving average of $8.40 and a 200 day moving average of $7.89. Kansai Electric Power has a one year low of $6.67 and a one year high of $9.99.

Kansai Electric Power Company Profile

Kansai Electric Power Company, Inc is a Japanese energy and utility company headquartered in Osaka. Established in 1951, the company supplies electricity primarily to the Kansai region of Japan, serving residential, commercial and industrial customers.

The company’s operations include electricity generation, transmission and distribution, as well as the sale of electricity and related energy services. Its generation portfolio includes nuclear, thermal, hydroelectric and renewable energy facilities.