Kesko Oyj (OTCMKTS:KKOYY) Short Interest Update

Kesko Oyj (OTCMKTS:KKOYY) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 64,713 shares, a decline of 52.4% from the May 14th total of 136,005 shares. Based on an average daily trading volume, of 72,249 shares, the days-to-cover ratio is currently 0.9 days.

Kesko Oyj Stock Down 7.5%

Shares of KKOYY stock traded down $0.93 during midday trading on Monday, reaching $11.48. 29,338 shares of the company were exchanged, compared to its average volume of 31,215. Kesko Oyj has a 12 month low of $10.11 and a 12 month high of $13.07. The company’s 50 day moving average price is $11.93 and its two-hundred day moving average price is $11.67.

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.