Kao Co. (OTCMKTS:KAOOY – Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 264,699 shares, an increase of 143.4% from the June 30th total of 108,764 shares. Based on an average daily volume of 374,804 shares, the short-interest ratio is presently 0.7 days.
KAO Trading Up 3.0%
KAOOY traded up $0.20 on Wednesday, hitting $6.93. 47,375 shares of the company were exchanged, compared to its average volume of 239,764. The firm has a 50-day moving average price of $7.19 and a two-hundred day moving average price of $7.63. KAO has a twelve month low of $5.46 and a twelve month high of $8.07.
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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