Short Interest in Korea Electric Power Co. (NYSE:KEP) Increases By 10.3%

Korea Electric Power Co. (NYSE:KEP) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 760,800 shares, an increase of 10.3% from the December 15th total of 690,000 shares. Based on an average daily trading volume, of 182,700 shares, the days-to-cover ratio is currently 4.2 days.

Korea Electric Power Stock Up 2.2 %

Shares of KEP stock traded up $0.16 during trading on Monday, hitting $7.16. 147,230 shares of the company were exchanged, compared to its average volume of 217,564. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.43. The business’s 50-day simple moving average is $7.60 and its 200 day simple moving average is $7.66. Korea Electric Power has a twelve month low of $6.68 and a twelve month high of $9.55.

Institutional Trading of Korea Electric Power

Several institutional investors have recently made changes to their positions in the stock. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Korea Electric Power by 46.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,185 shares of the utilities provider’s stock worth $9,259,000 after purchasing an additional 380,145 shares during the period. State Street Corp lifted its stake in Korea Electric Power by 0.9% in the third quarter. State Street Corp now owns 746,847 shares of the utilities provider’s stock valued at $5,796,000 after acquiring an additional 6,975 shares during the last quarter. American Century Companies Inc. lifted its stake in Korea Electric Power by 11.8% in the second quarter. American Century Companies Inc. now owns 339,562 shares of the utilities provider’s stock valued at $2,407,000 after acquiring an additional 35,973 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Korea Electric Power in the third quarter valued at approximately $855,000. Finally, Quantinno Capital Management LP lifted its stake in Korea Electric Power by 35.2% in the third quarter. Quantinno Capital Management LP now owns 98,580 shares of the utilities provider’s stock valued at $765,000 after acquiring an additional 25,641 shares during the last quarter.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Korea Electric Power from a “hold” rating to a “buy” rating in a report on Thursday, December 5th.

About Korea Electric Power

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in South Korea and internationally. The company operates through Transmission and Distribution, Nuclear Power Generation, Thermal Power Generation, and Others segments.