Kesko Oyj (OTCMKTS:KKOYY) Short Interest Update

Kesko Oyj (OTCMKTS:KKOYY) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 13,300 shares, an increase of 6,550.0% from the August 15th total of 200 shares. Based on an average trading volume of 10,400 shares, the days-to-cover ratio is currently 1.3 days.

Kesko Oyj Trading Up 1.2 %

Shares of OTCMKTS KKOYY opened at $10.13 on Friday. Kesko Oyj has a twelve month low of $7.93 and a twelve month high of $10.27. The business has a 50 day simple moving average of $9.50 and a 200-day simple moving average of $9.18.

Kesko Oyj Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, August 7th. Shareholders of record on Tuesday, July 16th were paid a $0.1343 dividend. The ex-dividend date was Tuesday, July 16th. Kesko Oyj’s 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.