Kao Co. (OTCMKTS:KAOOY) Short Interest Down 49.4% in August

Kao Co. (OTCMKTS:KAOOY) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 97,862 shares, a decrease of 49.4% from the July 30th total of 193,325 shares. Based on an average trading volume of 79,214 shares, the short-interest ratio is currently 1.2 days.

KAO Trading Down 0.4%

Shares of OTCMKTS:KAOOY opened at $7.53 on Friday. KAO has a 1 year low of $5.46 and a 1 year high of $8.07. The stock has a 50-day simple moving average of $7.11 and a 200-day simple moving average of $7.53.

About KAO

Founded in 1887 with its roots in soap manufacturing, KAO Corporation has evolved into a global consumer goods and specialty chemicals company headquartered in Tokyo. The company develops, manufactures and markets a broad portfolio of products spanning personal care, skin care, hair care, cosmetics, toiletries and fabric and home care. Well-known brands include Bioré in facial cleansing, Jergens in body lotions, John Frieda in hair care and Attack in laundry detergents.

In addition to consumer products, KAO operates a chemicals division that develops functional materials and specialty chemicals for industrial customers.