Short Interest in Kesko Oyj (OTCMKTS:KKOYY) Grows By 1,350.0%

Kesko Oyj (OTCMKTS:KKOYY) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 2,900 shares, a growth of 1,350.0% from the January 15th total of 200 shares. Based on an average daily trading volume, of 17,600 shares, the short-interest ratio is currently 0.2 days.

Kesko Oyj Trading Down 0.6 %

Shares of KKOYY opened at $8.99 on Thursday. The business’s fifty day moving average is $9.39 and its 200 day moving average is $9.81. Kesko Oyj has a 12-month low of $8.40 and a 12-month high of $10.89.

Kesko Oyj Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 5th. Shareholders of record on Tuesday, January 14th were given a $0.1311 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 5.83%. The ex-dividend date was Tuesday, January 14th. Kesko Oyj’s payout ratio is 56.00%.

Kesko Oyj Company Profile

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.