Kesko Oyj (OTCMKTS:KKOYY) Short Interest Update

Kesko Oyj (OTCMKTS:KKOYY) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totalling 1,100 shares, an increase of 1,000.0% from the July 15th total of 100 shares. Based on an average daily trading volume, of 5,300 shares, the short-interest ratio is currently 0.2 days.

Kesko Oyj Price Performance

OTCMKTS:KKOYY opened at $9.49 on Wednesday. The company’s 50-day simple moving average is $8.93 and its 200 day simple moving average is $9.09. Kesko Oyj has a one year low of $7.93 and a one year high of $10.15.

Kesko Oyj Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, August 7th. Stockholders of record on Tuesday, July 16th were paid a $0.1343 dividend. The ex-dividend date was Tuesday, July 16th. Kesko Oyj’s dividend payout ratio is currently 56.00%.

About Kesko Oyj

Kesko Oyj engages in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, and Poland. The company operates through Grocery Trade, Building and Technical Trade, and Car Trade divisions. The Grocery Trade segment comprises wholesale and B2B trade of groceries, and retail of home and specialty goods under the K-retailer brand; and operates store retail chains under the K-Citymarket, K-Supermarket, K-Market, and Neste K grocery brand.