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 December. As of December 15th, there was short interest totaling 56,947 shares, a growth of 447.5% from the November 30th total of 10,402 shares. Based on an average daily volume of 79,467 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 79,467 shares, the days-to-cover ratio is presently 0.7 days.

Kesko Oyj Price Performance

Kesko Oyj stock opened at $11.04 on Thursday. Kesko Oyj has a 52 week low of $8.71 and a 52 week high of $12.74. The company’s 50-day moving average price is $10.72 and its two-hundred day moving average price is $11.13.

Kesko Oyj Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 5th. Investors of record on Wednesday, October 15th were paid a dividend of $0.0605 per share. This is a boost from Kesko Oyj’s previous dividend of $0.06. This represents a dividend yield of 221.0%. The ex-dividend date was Tuesday, October 14th. Kesko Oyj’s dividend payout ratio (DPR) is 56.00%.

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.