Kesko Oyj (OTCMKTS:KKOYY – Get Free Report) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 31,063 shares, a drop of 52.0% from the May 31st total of 64,713 shares. Based on an average trading volume of 51,987 shares, the days-to-cover ratio is currently 0.6 days.
Kesko Oyj Stock Performance
Shares of OTCMKTS KKOYY traded down $0.02 during mid-day trading on Tuesday, hitting $11.12. 72,508 shares of the stock were exchanged, compared to its average volume of 33,742. Kesko Oyj has a twelve month low of $10.11 and a twelve month high of $13.07. The stock’s fifty day simple moving average is $11.87 and its two-hundred day simple moving average is $11.71.
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.
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