The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) Short Interest Up 240.3% in June

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 12,424 shares, a growth of 240.3% from the May 31st total of 3,651 shares. Based on an average trading volume of 3,889 shares, the short-interest ratio is presently 3.2 days.

Kansai Electric Power Stock Performance

Shares of OTCMKTS KAEPY traded up $0.04 during mid-day trading on Monday, reaching $7.51. The company had a trading volume of 548 shares, compared to its average volume of 3,636. The company has a 50-day moving average price of $7.47 and a two-hundred day moving average price of $7.91. Kansai Electric Power has a 1-year low of $5.61 and a 1-year high of $9.11.

About Kansai Electric Power

Kansai Electric Power Co, Inc, commonly known as Kansai Electric Power, is a major Japanese electric utility company primarily engaged in the generation, transmission and distribution of electricity. The company serves the Kansai region of Japan, including prefectures such as Osaka, Kyoto, Hyogo and Nara, supplying power to residential, commercial and industrial customers. Through its integrated network, Kansai Electric Power manages the flow of electricity from generation facilities to end users and provides grid-related services to maintain reliable supply across urban centers and surrounding areas.

The company operates a diversified fleet of power plants, encompassing nuclear, thermal, hydroelectric and renewable energy installations.