Kao Co. (OTCMKTS:KAOOY) Short Interest Down 58.5% in December

Kao Co. (OTCMKTS:KAOOY) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totaling 11,854 shares, a drop of 58.5% from the November 30th total of 28,592 shares. Based on an average daily trading volume, of 1,082,283 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 1,082,283 shares, the days-to-cover ratio is presently 0.0 days.

KAO Trading Down 0.1%

KAOOY traded down $0.01 during trading on Friday, hitting $8.03. The company had a trading volume of 166,459 shares, compared to its average volume of 183,390. KAO has a 1-year low of $7.26 and a 1-year high of $9.80. The business has a 50-day moving average of $8.23 and a 200-day moving average of $8.69.

KAO Company Profile

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.