Korea Electric Power Co. (NYSE:KEP) Short Interest Down 16.1% in April

Korea Electric Power Co. (NYSE:KEP) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 374,400 shares, a decline of 16.1% from the March 31st total of 446,400 shares. Based on an average trading volume of 115,100 shares, the short-interest ratio is presently 3.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of KEP. Tower Research Capital LLC TRC boosted its stake in shares of Korea Electric Power by 442,500.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,426 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 4,425 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Korea Electric Power by 137.9% in the first quarter. GAMMA Investing LLC now owns 5,522 shares of the utilities provider’s stock worth $46,000 after acquiring an additional 3,201 shares during the period. Drive Wealth Management LLC bought a new position in shares of Korea Electric Power in the 4th quarter worth approximately $85,000. Campbell & CO Investment Adviser LLC purchased a new position in shares of Korea Electric Power during the 3rd quarter worth $118,000. Finally, Barometer Capital Management Inc. purchased a new stake in Korea Electric Power in the fourth quarter worth about $119,000.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised Korea Electric Power from a “sell” rating to a “buy” rating in a report on Monday, February 26th.

Korea Electric Power Stock Performance

KEP stock opened at $7.71 on Friday. The firm’s fifty day moving average is $8.45 and its 200 day moving average is $7.51. The company has a quick ratio of 0.34, a current ratio of 0.48 and a debt-to-equity ratio of 2.49. Korea Electric Power has a 52 week low of $5.93 and a 52 week high of $9.55.

Korea Electric Power (NYSE:KEP) last announced its quarterly earnings data on Tuesday, March 12th. The utilities provider reported $0.73 earnings per share for the quarter. The firm had revenue of $17.08 billion during the quarter. Korea Electric Power had a negative return on equity of 13.27% and a negative net margin of 5.65%.

Korea Electric Power Company Profile

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.