Kao Co. (OTCMKTS:KAOOY – Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 321,522 shares, an increase of 210.2% from the April 15th total of 103,652 shares. Based on an average daily trading volume, of 530,761 shares, the days-to-cover ratio is currently 0.6 days.
KAO Price Performance
Shares of OTCMKTS KAOOY traded up $0.06 during mid-day trading on Thursday, hitting $7.39. The stock had a trading volume of 363,689 shares, compared to its average volume of 193,574. KAO has a twelve month low of $7.14 and a twelve month high of $9.80. The company has a 50 day moving average of $7.65 and a two-hundred day moving average of $8.00.
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.
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