Kesko Oyj (OTCMKTS:KKOYY) Short Interest Update

Kesko Oyj (OTCMKTS:KKOYY) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 23,900 shares, a growth of 1,607.1% from the February 28th total of 1,400 shares. Based on an average trading volume of 15,800 shares, the days-to-cover ratio is presently 1.5 days.

Kesko Oyj Stock Down 2.4 %

OTCMKTS KKOYY traded down $0.25 on Wednesday, hitting $9.98. 33,100 shares of the company were exchanged, compared to its average volume of 7,452. The stock has a fifty day moving average of $9.64 and a 200-day moving average of $9.84. Kesko Oyj has a 12 month low of $8.40 and a 12 month high of $10.89.

Kesko Oyj Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, March 26th will be given a dividend of $0.1212 per share. The ex-dividend date of this dividend is Wednesday, March 26th. Kesko Oyj’s dividend payout ratio (DPR) is presently 56.00%.

About Kesko Oyj

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.