Electric Power Development Co., Ltd. (OTCMKTS:EPWDF) Sees Large Drop in Short Interest

Electric Power Development Co., Ltd. (OTCMKTS:EPWDF) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 158,158 shares, a decline of 68.7% from the April 30th total of 505,909 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Electric Power Development Stock Performance

EPWDF stock remained flat at $15.39 during trading on Friday. The business has a 50 day simple moving average of $15.39 and a 200 day simple moving average of $15.39. Electric Power Development has a 1-year low of $14.60 and a 1-year high of $16.49.

About Electric Power Development

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.