Kesko Oyj (OTCMKTS:KKOYY) Short Interest Up 74.8% in August

Kesko Oyj (OTCMKTS:KKOYY) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 34,338 shares, an increase of 74.8% from the August 15th total of 19,643 shares. Based on an average daily trading volume, of 15,589 shares, the short-interest ratio is currently 2.2 days.

Kesko Oyj Price Performance

KKOYY stock opened at $12.90 on Friday. The stock has a 50-day moving average price of $12.33 and a 200-day moving average price of $11.86. Kesko Oyj has a 1-year low of $10.11 and a 1-year high of $13.19.

About Kesko Oyj

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.