Short Interest in Electric Power Development Co., Ltd. (OTCMKTS:EPWDF) Drops By 68.7%

Electric Power Development Co., Ltd. (OTCMKTS:EPWDFGet Free Report) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 158,158 shares, a drop of 68.7% from the April 30th total of 505,909 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Electric Power Development Stock Performance

Shares of OTCMKTS:EPWDF opened at $15.39 on Monday. Electric Power Development has a 1-year low of $14.60 and a 1-year high of $16.49. The company has a 50 day moving average price of $15.39 and a 200 day moving average price of $15.39.

Electric Power Development Company Profile

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Electric Power Development Co, Ltd., commonly known as J-POWER, is a Japan-based independent power producer engaged primarily in the generation and sale of electricity. The company operates a diversified portfolio of thermal, hydroelectric, nuclear and renewable energy facilities, providing baseload and peak power to utilities and industrial customers. Its thermal power stations utilize coal, natural gas and oil, while its hydroelectric plants draw on river systems across Japan. In addition to conventional generation, J-POWER has expanded into wind, geothermal and biomass projects to support the transition to a lower-carbon energy mix.

Founded in 1952 and headquartered in Chiyoda-ku, Tokyo, J-POWER has grown from a domestic power generator into a global energy developer.

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