Kesko Oyj (OTCMKTS:KKOYY) Sees Significant Decline in Short Interest

Kesko Oyj (OTCMKTS:KKOYY – Get Free Report) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 18,841 shares, a decline 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 currently 0.6 days.

Kesko Oyj Stock Up 1.1%

Shares of Kesko Oyj stock traded up $0.15 during trading hours on Friday, reaching $13.29. The company’s stock had a trading volume of 9,361 shares, compared to its average volume of 30,764. Kesko Oyj has a one year low of $10.11 and a one year high of $13.32. The stock’s fifty day simple moving average is $12.82 and its two-hundred day simple moving average is $12.09.

Kesko Oyj Company Profile

(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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