Kesko Oyj (OTCMKTS:KKOYY) Short Interest Up 2,850.0% in November

Kesko Oyj (OTCMKTS:KKOYY) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 5,900 shares, a growth of 2,850.0% from the October 31st total of 200 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is presently 1.5 days.

Kesko Oyj Trading Down 0.7 %

Shares of Kesko Oyj stock opened at $9.91 on Thursday. Kesko Oyj has a 12 month low of $8.40 and a 12 month high of $10.89. The business’s 50-day moving average price is $10.25 and its 200-day moving average price is $9.62.

Kesko Oyj Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Tuesday, October 15th were given a dividend of $0.1435 per share. This is a boost from Kesko Oyj’s previous dividend of $0.13. The ex-dividend date of this dividend was Tuesday, October 15th. 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.