Kesko Oyj (OTCMKTS:KKOYY) Short Interest Update

Kesko Oyj (OTCMKTS:KKOYY) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 136,005 shares, a growth of 140.4% from the April 30th total of 56,585 shares. Based on an average daily volume of 87,338 shares, the days-to-cover ratio is currently 1.6 days.

Kesko Oyj Trading Down 0.3%

OTCMKTS:KKOYY traded down $0.04 during trading hours on Friday, reaching $12.17. The company had a trading volume of 25,207 shares, compared to its average volume of 31,720. The business’s 50-day simple moving average is $11.70 and its two-hundred day simple moving average is $11.53. Kesko Oyj has a twelve month low of $10.11 and a twelve month high of $13.07.

Kesko Oyj Company Profile

Kesko Oyj is a Finnish retail conglomerate headquartered in Helsinki. The company operates through four main divisions—grocery trade, building and technical trade, car trade, and agricultural and machinery trade—serving both consumer and professional customers. Kesko is publicly listed on the Nasdaq Helsinki exchange and maintains an American Depositary Receipt (ADR) program on the OTC market under the ticker KKOYY.

In its grocery trade segment, Kesko supplies a network of K-food stores, including K-Citymarket, K-Supermarket and K-Market, offering fresh produce, everyday household goods, and private-label products.