Kesko Oyj (OTCMKTS:KKOYY) Sees Large Drop in Short Interest

Kesko Oyj (OTCMKTS:KKOYY – Get Free Report) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 18,841 shares, a drop of 43.2% from the September 15th total of 33,161 shares. Based on an average daily volume of 31,205 shares, the days-to-cover ratio is presently 0.6 days.

Kesko Oyj Trading Down 0.2%

OTCMKTS:KKOYY traded down $0.03 during mid-day trading on Thursday, hitting $13.11. The company had a trading volume of 19,900 shares, compared to its average volume of 30,812. Kesko Oyj has a 1 year low of $10.11 and a 1 year high of $13.31. The business has a fifty day simple moving average of $12.79 and a 200-day simple moving average of $12.07.

About Kesko Oyj

(Get Free Report)

Kesko Oyj is a Finnish retail and wholesale company that operates through three primary business areas: grocery trade, building and technical trade, and automotive trade. Its businesses serve consumers, professional customers, and business clients through a combination of stores, dealerships, wholesale operations, and digital channels.

In grocery retail, Kesko operates the K-group network, including K-Citymarket, K-Supermarket, K-Market, and Neste K convenience stores. The company also supplies food-service customers through Kespro.

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