Korea Electric Power Co. (NYSE:KEP) Short Interest Up 10.3% in December

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 short-interest ratio is currently 4.2 days.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Korea Electric Power

Several institutional investors have recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Korea Electric Power during the 3rd quarter valued at $35,000. Public Employees Retirement System of Ohio acquired a new position in Korea Electric Power during the 3rd quarter valued at about $855,000. Jane Street Group LLC purchased a new stake in Korea Electric Power in the third quarter valued at about $140,000. State Street Corp boosted its holdings 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 worth $5,796,000 after acquiring an additional 6,975 shares in the last quarter. Finally, Stifel Financial Corp purchased a new stake in shares of Korea Electric Power during the third quarter worth about $96,000.

Korea Electric Power Trading Up 2.2 %

Shares of Korea Electric Power stock traded up $0.16 on Monday, reaching $7.16. The stock had a trading volume of 147,230 shares, compared to its average volume of 217,564. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10. The company has a 50 day moving average price of $7.60 and a 200 day moving average price of $7.66. Korea Electric Power has a 1 year low of $6.68 and a 1 year high of $9.55.

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.