Kesko Oyj (OTCMKTS:KKOYY) Short Interest Update

Kesko Oyj (OTCMKTS:KKOYY) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 57,700 shares, a growth of 350.8% from the September 30th total of 12,800 shares. Based on an average daily volume of 36,600 shares, the days-to-cover ratio is currently 1.6 days.

Kesko Oyj Trading Down 0.5 %

OTCMKTS KKOYY traded down $0.05 on Friday, reaching $9.69. The company had a trading volume of 397 shares, compared to its average volume of 7,178. Kesko Oyj has a 52 week low of $7.96 and a 52 week high of $10.70. The stock’s 50 day moving average is $10.15 and its 200-day moving average is $9.37.

Kesko Oyj Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Tuesday, October 15th will be given a dividend of $0.1435 per share. This is an increase from Kesko Oyj’s previous dividend of $0.13. The ex-dividend date of this dividend is Tuesday, October 15th. Kesko Oyj’s dividend payout ratio is currently 56.00%.

Kesko Oyj Company Profile

Kesko Oyj engages in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, and Poland. The company operates through Grocery Trade, Building and Technical Trade, and Car Trade divisions. The Grocery Trade segment comprises wholesale and B2B trade of groceries, and retail of home and specialty goods under the K-retailer brand; and operates store retail chains under the K-Citymarket, K-Supermarket, K-Market, and Neste K grocery brand.