Kesko Oyj (OTCMKTS:KKOYY) Short Interest Up 85.5% in July

Kesko Oyj (OTCMKTS:KKOYY) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 23,117 shares, an increase of 85.5% from the July 15th total of 12,460 shares. Based on an average trading volume of 65,052 shares, the short-interest ratio is presently 0.4 days.

Kesko Oyj Stock Performance

Shares of Kesko Oyj stock traded up $0.19 during trading on Friday, reaching $12.53. The company had a trading volume of 21,658 shares, compared to its average volume of 35,529. Kesko Oyj has a fifty-two week low of $10.11 and a fifty-two week high of $13.07. The firm’s fifty day moving average is $11.65 and its 200-day moving average is $11.81.

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.