Korea Electric Power Co. (NYSE:KEP) Short Interest Update

Korea Electric Power Co. (NYSE:KEP) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 204,400 shares, an increase of 10.7% from the October 31st total of 184,600 shares. Based on an average daily trading volume, of 99,400 shares, the days-to-cover ratio is presently 2.1 days.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Korea Electric Power from a “hold” rating to a “buy” rating in a report on Tuesday, November 26th.

Hedge Funds Weigh In On Korea Electric Power

Several hedge funds have recently bought and sold shares of the company. CWM LLC grew its stake in Korea Electric Power by 13.5% during the second quarter. CWM LLC now owns 11,824 shares of the utilities provider’s stock valued at $84,000 after acquiring an additional 1,404 shares in the last quarter. Atomi Financial Group Inc. lifted its position in Korea Electric Power by 14.3% during the third quarter. Atomi Financial Group Inc. now owns 13,632 shares of the utilities provider’s stock valued at $106,000 after purchasing an additional 1,704 shares during the last quarter. Sivia Capital Partners LLC lifted its position in Korea Electric Power by 9.3% during the second quarter. Sivia Capital Partners LLC now owns 23,310 shares of the utilities provider’s stock valued at $165,000 after purchasing an additional 1,982 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Korea Electric Power by 91.4% during the first quarter. EverSource Wealth Advisors LLC now owns 6,063 shares of the utilities provider’s stock valued at $46,000 after purchasing an additional 2,895 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in Korea Electric Power by 114.7% during the third quarter. GAMMA Investing LLC now owns 6,339 shares of the utilities provider’s stock valued at $49,000 after purchasing an additional 3,386 shares during the last quarter.

Korea Electric Power Trading Down 4.9 %

KEP stock traded down $0.44 during mid-day trading on Monday, hitting $8.56. The company had a trading volume of 438,937 shares, compared to its average volume of 108,638. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.24 and a current ratio of 0.37. The stock’s fifty day moving average price is $8.00 and its two-hundred day moving average price is $7.66. Korea Electric Power has a 12 month low of $6.69 and a 12 month high of $9.55.

Korea Electric Power (NYSE:KEP) last issued its quarterly earnings data on Monday, September 9th. The utilities provider reported $0.04 EPS for the quarter. The company had revenue of $14.93 billion during the quarter. Korea Electric Power had a net margin of 2.95% and a return on equity of 6.93%.

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.