Kao Co. (OTCMKTS:KAOOY – Get Free Report) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 108,764 shares, a drop of 46.4% from the June 15th total of 202,996 shares. Based on an average daily trading volume, of 630,356 shares, the short-interest ratio is currently 0.2 days.
KAO Price Performance
Shares of KAOOY opened at $6.74 on Wednesday. KAO has a one year low of $5.46 and a one year high of $8.08. The business’s 50 day simple moving average is $7.36 and its 200-day simple moving average is $7.72.
About KAO
Founded in 1887 with its roots in soap manufacturing, KAO Corporation has evolved into a global consumer goods and specialty chemicals company headquartered in Tokyo. The company develops, manufactures and markets a broad portfolio of products spanning personal care, skin care, hair care, cosmetics, toiletries and fabric and home care. Well-known brands include Bioré in facial cleansing, Jergens in body lotions, John Frieda in hair care and Attack in laundry detergents.
In addition to consumer products, KAO operates a chemicals division that develops functional materials and specialty chemicals for industrial customers.
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