Kesko Oyj (OTCMKTS:KKOYY) Short Interest Down 41.7% in February

Kesko Oyj (OTCMKTS:KKOYY) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 1,400 shares, a decline of 41.7% from the February 13th total of 2,400 shares. Based on an average daily trading volume, of 9,900 shares, the short-interest ratio is currently 0.1 days.

Kesko Oyj Price Performance

Shares of KKOYY opened at $10.10 on Friday. Kesko Oyj has a 1 year low of $8.40 and a 1 year high of $10.89. The company’s 50 day simple moving average is $9.44 and its 200 day simple moving average is $9.84.

Kesko Oyj Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, March 26th will be issued a $0.1212 dividend. The ex-dividend date is Wednesday, March 26th. Kesko Oyj’s dividend payout ratio (DPR) 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.