Koala Co. (OTCMKTS:KARE) Short Interest Up 321.2% in August

Koala Co. (OTCMKTS:KARE) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 196,700 shares, an increase of 321.2% from the August 15th total of 46,700 shares. Based on an average daily volume of 26,800 shares, the days-to-cover ratio is presently 7.3 days.

OTCMKTS:KARE opened at $0.00 on Wednesday. Koala has a 52-week low of $0.00 and a 52-week high of $0.15. The stock has a 50-day simple moving average of $0.01 and a 200 day simple moving average of $0.01.

Koala Company Profile

Koala Corp. is a technology company that engages in the development of new technologies and services in the areas of emerging technology. It concentrates on the following areas: government, services, fuel, television, green, bank, and telecom. The firm also develops cellular and voice over internet protocol.

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