Kesko Oyj (OTCMKTS:KKOYY) Short Interest Update

Kesko Oyj (OTCMKTS:KKOYYGet Rating) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 26,100 shares, an increase of 110.5% from the March 31st total of 12,400 shares. Based on an average trading volume of 45,100 shares, the days-to-cover ratio is presently 0.6 days.

Kesko Oyj stock opened at $13.59 on Friday. The company has a 50 day moving average price of $13.58 and a 200-day moving average price of $15.30. Kesko Oyj has a fifty-two week low of $11.35 and a fifty-two week high of $22.31.

The company also recently announced a dividend, which will be paid on Thursday, May 5th. Shareholders of record on Monday, April 11th will be given a dividend of $0.085 per share. This represents a yield of 1.39%. The ex-dividend date of this dividend is Friday, April 8th.

Kesko Oyj Company Profile (Get Rating)

Kesko Oyj provides trading sector services. The company operates through Grocery Trade, Building and Technical Trade, and Car Trade segments. The company's Grocery Trade segment is involved in the wholesale and B2B trade of groceries; and the retail sale of home and specialty goods in Finland. This segment operates approximately 1,236 K-food stores, including K-Citymarket, K-Supermarket, K-Market, and Neste K in Finland.

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